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INCOME STATEMENTS - Allied Food Products - Years Ending December 31 (in millions of dollars) 2015 2014 Sales 10,000.0 7,000.0 9,500.0 6,650.0 Cost of Goods

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INCOME STATEMENTS - Allied Food Products - Years Ending December 31 (in millions of dollars) 2015 2014 Sales 10,000.0 7,000.0 9,500.0 6,650.0 Cost of Goods Sold Operating costs except depreciation and amortization Depreciation and amortization Earnings before interest and taxes (EBIT) 2,616.2 100.0 2,497.0 90.0 ? ? 60.0 88.0 Less interest Earnings before taxes (EBT) 195.8 203.0 Taxes 78.3 81.2 Net income ? ? Additional Data Year-end stock price Shares outstanding (in millions) Tax rate 2015 $23.06 50 40% 2014 $26.00 50 40% 1. Fill in the empty cells (each correct value is 2 points. 28 points)

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