Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Specify line items on this income statement that could be subject to transaction, translation, or operating exposures and explain why. Annual Income Statement (values in
Specify line items on this income statement that could be subject to transaction, translation, or operating exposures and explain why.
Annual Income Statement (values in 000's) Period Ending Total Revenue Trend 3/31/2017 3/31/2016 3/31/2015 3/31/2014 $68,233,000 $72,118,000 $68,508,000 $75,421,000 $50,823,000 $54,047,000 $51,350,000 $57,836,000 $17,411,000 $18,071,000 $17,159,000 $17,586,000 Cost of Revenue Gross Profit Operating Expenses Research and Development Sales, General and Admin. Non-Recurring Items Other Operating Items Operating Income Add'l income/expense items Earnings Before Interest and Tax Interest Expense Earnings Before Tax $0 $14,852,000 $15,473,000 $16,620,000 $17.257,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 L-$2,591,000 $2,618,000 $572,000 $257,000 ($202,000 $317,000 ($43,000) $220,000 $2,389,000 $2,934,000 $528,000 $478,000 $131,000 $225,000 $197,000 $228,000 $2,258,000 $2,709,000 $331,000 $250,000 $1,113,000 $843,000 $740,000 $918,000 Income Tax Minority Interest I($487,000 ($55000 ($642,000) ($578,000) $32,000 $690,000 $1,335,000 ($1,018,000) ($1,318,000) $658,000 $1,315,000 ($1,050,000) (1,246,000) $658,000 $1,315,000 ($1,050,000) (1,246,000) ($72,000) Equity Earnings/Loss Unconsolidated Subsidiary $20,000 $33,000 Net Income-Cont. Operations Net Income Net Income Applicable to Common ShareholdersStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started