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Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc., 5Note: Use a tax rate of 37.5%. 6
Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc., 5Note: Use a tax rate of 37.5%. 6 4 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 $ 917,297 $ 946,154 $ Cost of goods sold -669,335 $ -656,271 Gross profit $ 169,331 $ $ 314,918 Selling, general, and administrative expenses - 70,558 -193,097 Research and development -5,394 $ -7,028 $ -3,504 Depreciation -34,428 -35,790 Operating income 60,477 81,487 Other income $ 567 $ $ 2,159 EBIT $ 82,447 $ 84,686 Interest expense $ -6,853 $ -8,733 Income before tax $ 74,751 $ 75,953 Taxes -20,322 $ -28,032 $ Net income 46,719 $ 47,471 Shares outstanding 16,732,000 $ 16,732,000 Earnings per share 2.02 $ 2.79 $ 4
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