Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars):
Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars):
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
1. Please complete a full income statement from the data

Transcribed Image Text:Note: Enter all expenses as negative numbers.
Net income
Shares outstanding
Earnings per share
%24

Transcribed Image Text:Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2015 with the following information (the dollar amounts are in thousands of dollars):
Shares outstanding: 16,615,000
Tax rate: 37.5%
Interest expense: $6,070
Revenue: $889,432
Depreciation: $31,372
Selling, general, and administrative expense: $77,438
Other income: $1,285
Research and development: $4,190
Cost of goods sold: $750,788
Note: Enter all expenses as negative numbers.
(Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.)
Income Statement
Barron Pizza, Incorporated
Year Ending 2015 ($ in thousands, except earnings per share)
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