The following data are based on information in the 2016 annual report of Cracker Barrel Old Country Store. As of July 29, 2016, Cracker Barrel operated 640 restaurants and gift shops in 43 states. Dollar amounts are in thousands. 2016 Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2014 $1,497,664 971, 221 526,443 2,912,351 2,723,052 186,505 2015 $1,576,208 1,037,940 538,268 2,842,284 2,678, 381 171,383 $ 493,167 Required a. Calculate the company's net income and retained earnings for 2015 and 2016. b. Calculate the percentage increased/decreased in the company's revenue and net income. c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2015 or 2016? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the company's net income and retained earnings for 2015 and 2016. (Enter your answers in thousands of dollar.) 2015 2016 Net income $ 163,903 $ 189,299 Ending retained earnings The following data are based on information in the 2016 annual report of Cracker Barrel Old Country Store. As of July 29, 2016, Cracker Barrel operated 640 restaurants and gift shops in 43 states. Dollar amounts are in thousands. Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2014 2016 $1,497,664 971,221 526, 443 2,912,351 2,723,052 186,505 2015 $1,576,208 1,037,940 538,268 2,842,284 2,678,381 171,383 $ 493, 167 Required a. Calculate the company's net income and retained earnings for 2015 and 2016. b. Calculate the percentage increased/decreased in the company's revenue and net income. c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2015 or 2016? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate the percentage increased/decreased in the company's revenue and net income. (Input all amounts as positive values. Round your answers to 1 decimal place.) % Revenue Net income % The following data are based on information in the 2016 annual report of Cracker Barrel Old Country Store. As of July 29, 2016, Cracker Barrel operated 640 restaurants and gift shops in 43 states. Dollar amounts are in thousands. Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2014 2016 $1,497,664 971, 221 526,443 2,912,351 2,723,052 186,505 2015 $1,576,208 1,037,940 538,268 2,842,284 2,678,381 171,383 $ 493, 167 Required a. Calculate the company's net income and retained earnings for 2015 and 2016. b. Calculate the percentage increased/decreased in the company's revenue and net income. c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2015 or 2016? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D For each year, calculate the company's net income as a percentage of its revenues. (Round your answers to 1 decimal place.) Year Net income as a percentage of revenues 2015 % 2016 % The following data are based on information in the 2016 annual report of Cracker Barrel Old Country Store. As of July 29, 2016, Cracker Barrel operated 640 restaurants and gift shops in 43 states. Dollar amounts are in thousands. Assets Liabilities Stockholders' equity Revenues Expenses Dividends Retained earnings at end of 2014 2016 $1,497,664 971, 221 526,443 2,912,351 2,723,052 186,505 2015 $1,576,208 1,037,940 538,268 2,842,284 2,678,381 171,383 $ 493, 167 Required a. Calculate the company's net income and retained earnings for 2015 and 2016. b. Calculate the percentage increased/decreased in the company's revenue and net income. c. For each year, calculate the company's net income as a percentage of its revenues. d. Did the company perform better in 2015 or 2016? Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Did the company perform better in 2015 or 2016? The company has performed better in the year
