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):
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter2: Financial Statements And The Annual Report
Section: Chapter Questions
Problem 2.8E: Income Statement Ratio The income statement of Holly Enterprises shows operating revenues of...
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1. Please complete a full income statement from the data
![Note: Enter all expenses as negative numbers.
Net income
Shares outstanding
Earnings per share
%24](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa223f0e3-2554-4766-a321-af5562da259d%2Faef15df4-9636-4023-930f-64c2ca375de2%2F2ncd3ua_processed.png&w=3840&q=75)
Transcribed Image Text:Note: Enter all expenses as negative numbers.
Net income
Shares outstanding
Earnings per share
%24
![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)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa223f0e3-2554-4766-a321-af5562da259d%2Faef15df4-9636-4023-930f-64c2ca375de2%2F92pp1l_processed.png&w=3840&q=75)
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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