The Max, is a mall-based specialty retailer of casual apparel and accessories. The company concept is to provide the customer with a focused selection of high-quality, active-oriented fashions at compelling values. The items reported on its income statement for an earlier year (ended March 31) are presented here (dollars in thousands) in simplified form in alphabetical order:

Cost of goods sold	$	1,101,349
Interest expense		620
Net revenue		1,945,531
Other selling, general, and administrative expenses		397,883
Provision for income taxes		97,387
Weighted average shares outstanding		75,832

Required:

a. Prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before income taxes). Include a presentation of basic earnings per share.

b. What is the gross profit percentage?

Please help with the parts A and B, thank you!

The Max, is a mall-based specialty retaller of casual apparel and accessorles. The company concept is to provide the customer with a focused selection of high-quality, active-orlented fashions at compelling values. The items reported on its income statement for an earller year (ended March 31) are presented here (dollars In thousands) In simplified form In alphabetical order: Requlred: a. Prepare a classlfied (multiple-step) consolidated Income statement (showing gross profit, operating income, and Income before Income taxes). Include a presentation of basic earnings per share. b. What is the gross profit percentage? Complete this question by entering your answers in the tabs below. Prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before income taxes). Include a presentation of basic earnings per share. (Enter your answers in thousands not in dollars. Round "Basic earnings per share" to 2 decimal places.) The Max, is a mall-based speclalty retaller of casual apparel and accessorles. The company concept Is to provide the customer with a focused selection of high-quality, active-orlented fashions at compelling values. The items reported on its income statement for an earlier year (ended March 31) are presented here (dollars in thousands) In simplfied form in alphabetical order: Requlred: a. Prepare a classified (multiple-step) consolidated Income statement (showing gross profit, operating income, and Income before Income taxes). Include a presentation of basic earnings per share. b. What is the gross profit percentage? Complete this question by entering your answers in the tabs below. What is the gross profit percentage? (Enter your answer as a percentage rounded to 1 decimal place (i,e., 0.123 should be entered as 12.3).)