Question 1 Incomplete answer Marked out of 3.33 Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from Five Below for its fiscal year ended February 2, 2019 ($ thousands). Noncash assets, end of year Cash from investing activities Cash, end of year Total liabilities, end of year Revenue $728,537 Stockholders' equity, end of year (41,01) Cash from financing activities 261,818 Total assets, beginning of year 350,657 Cost of goods sold (COGS) 1,621,946 Cash, beginning of year Stockholders' equity, beginning of year 476,900 Total expenses, other than COGS and income tax Cash from operating activities 191,498 Income tax expense P Flag question Required a. Prepare the income statement for the year ended February 2, 2019. Note: Do not use negative signs with any of your answers. Five Below Income Statement ($ thousands) For the year onded Fohri 2010 $639,698 (5,805) 723,536 1,034,257 117,176 388,209 43,848

Formulating Financial Statements from Raw Data and Calculating Ratios Following is selected financial information from Five Below for its fiscal year ended February 2, 2019 ( $ thousands). Required a. Prepare the income statement for the year ended February 2, 2019. Note: Do not use negative signs with any of your answers