Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Income statement. Fil in the missing numbers on the folonng annual income statements for Barron Pizza, Inc., 6. Nore: Usc a tax rate of 37.6%

image text in transcribed

Income statement. Fil in the missing numbers on the folonng annual income statements for Barron Pizza, Inc., 6. Nore: Usc a tax rate of 37.6% Barron Pizza, Ina. Abbreviated Income Statements for the Years Ending 2012-2014 1$ in thousands, except earnings per share] Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue 917 346 $ 948,199 $ Cast of goods sold S -669,2701 S -656 242 Cross pro S 199347 S S 314 904 Selling, general and administrative expenses S -70.467 S $ -192.971 Research and development S -5,315 -7,087 S 3547 Depreciation S $ 34,475$ 36,776 Operating income S 00.461 $ 81,437 S Other inom s 596 S 2.12 FRIT s 5 82,579 $ 84.738 Interest expense S 0.774 $ $ 8.896 Income before sex 5 74,857 $ 76 843 Tax -20.33015 -20.071 01 Net income $ $ 46,786 $ 47.402 Stores standing 18.749,000 $ 18.749.00 Earnings por share S 2.020 $ Year Ending Year Ending Year Ending 2012 Account 2014 2013 $ 917,346 $ 946,199 -669,270 $ $ -656,212 Revenue Cost of goods sold Gross profit $ Selling, general, and administrative expenses $ Research and development Depreciation Operating income Other income 169,347 -70,467 -5,315 $ $ 314,904 -192,971 -3,547 -35,776 $ $ -7,067 $ -34,475 $ 81,437 $ 60,451 $ 536 EBIT ca 82,579 $ 2,128 84,738 -8,895 -6,774 $ Interest expense Income before tax $ 75,843 Taxes $ -20,330 $ 74,857 $ -28,071 46,786 $ $ 47,402 Net income Shares outstanding Earnings per share 16,749,000 16,749,000 2.02 $ $ 2.79

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Green And Sustainable Finance

Authors: Simon Thompson

2nd Edition

1398609242, 978-1398609242

More Books

Students also viewed these Finance questions

Question

friendliness and sincerity;

Answered: 1 week ago