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Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc. Note: Use a tax rate of 37.5 %.

Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc. Note: Use a tax rate of 37.5 %.

Complete the table below: (Round the income statement accounts to the nearest thousand dollars and the earnings per share to the nearest cent. Also, use parentheses or a minus sign for numbers to be subtracted.)

Barron Pizza, Inc.

Abbreviated Income Statements for the Years Ending 2012-2014

($ in thousands, except earnings per share)

Year Ending

Year Ending

Year Ending

Account

2014

2013

2012

Revenue

$

917,264

$

946,127

$

Answer Here

Cost of goods sold

$

$

-669,388

$

-656,165

Gross profit

$

169,442

$

$

314,955

Selling, general, and administrative expenses

$

-70,596

$

$

-192,925

Research and development

$

-5,338

$

-7,080

$

-3,507

Depreciation

$

$

-34,454

$

-35,704

Operating income

$

60,516

$

81,427

$

Answer Here

Other income

$

679

$

$

1,842

EBIT

$

$

82,413

$

84,661

Interest expense

$

-6,743

$

$

-8,708

Income before tax

$

$

74,773

$

75,953

Taxes

$

-20,420

$

-28,040

$

Answer Here

Net income

$

$

46,733

$

47,471

Shares outstanding

16,748,000

$

16,748,000

Earnings per share

$

2.03

$

2.79

$

Answer Here

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