Obtain the most recent annual report (or 10-K report) for the year ended 12/26/2015 (filed 2/18/16) for Boston Beer Company, Inc.

Ans. following question:

What was the Boston Beer's net income for the current year? Did their income increase or decrease from the previous year? By how much?

Using the numbers from their latest balance sheet ( and information Learned Ch.1), write out Boston Beer's accounting equation. (Be sure to indicate "in millions" or "in thousands" when necessary).

Looking at the Statement of Cash Flows, what was the chane in Cash and Cash Equivalents for the current year ending 12/26/15?

Item 6.

Selected Consolidated Financial Data

		Year Ended
		Dec. 26 2015				Dec. 27 2014				Dec. 28 2013				Dec. 29 2012 (53 weeks)				Dec. 31 2011
		(in thousands, except per share and net revenue per barrel data)
Income Statement Data:
Revenue		$	1,024,040			$	966,478			$	793,705			$	628,580			$	558,282
Less excise taxes			64,106				63,471				54,652				48,358				45,282
Net revenue			959,934				903,007				739,053				580,222				513,000
Cost of goods sold			458,317				437,996				354,131				265,012				228,433
Gross profit			501,617				465,011				384,922				315,210				284,567
Operating expenses:
Advertising, promotional and selling expenses			273,629				250,696				207,930				169,306				157,261
General and administrative expenses			71,556				65,971				62,332				50,171				43,485
Impairment of assets			258				1,777				1,567				149				666
Settlement proceeds																			(20,500	)
Total operating expenses			345,443				318,444				271,829				219,626				180,912
Operating income			156,174				146,567				113,093				95,584				103,655
Other expense, net			(1,164	)			(973	)			(552	)			(67	)			(155	)
Income before provision for income taxes			155,010				145,594				112,541				95,517				103,500
Provision for income taxes			56,596				54,851				42,149				36,050				37,441
Net income		$	98,414			$	90,743			$	70,392			$	59,467			$	66,059
Net income per share basic		$	7.46			$	6.96			$	5.47			$	4.60			$	5.08
Net income per share diluted		$	7.25			$	6.69			$	5.18			$	4.39			$	4.81
Weighted average shares outstanding basic			13,123				12,968				12,766				12,796				13,012
Weighted average shares outstanding diluted			13,520				13,484				13,504				13,435				13,741
Balance Sheet Data:
Working capital		$	112,443			$	97,292			$	59,901			$	73,448			$	58,674
Total assets		$	645,400			$	605,161			$	444,075			$	359,484			$	272,488
Total long-term obligations		$	73,019			$	58,851			$	37,613			$	25,499			$	20,694
Total stockholders equity		$	461,221			$	436,140			$	302,085			$	245,091			$	184,745
Statistical Data:
Barrels sold			4,256				4,103				3,416				2,746				2,484
Net revenue per barrel		$	226			$	220			$	216			$	211			$	207 https://www.sec.gov/Archives/edgar/data/949870/000119312516468386/d101022d10k.htm