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: 16,649,000 Tax rate: 37.5% Interest expense: $6,000 Revenue: $889,439 Depreciation: $31,286 Selling, general, and administrative expense: $77,401 Other income: $1,116 Research and development: $4,180 Cost of goods sold: $750,623 Note: Enter all expenses as negative numbers. (Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.) Income Statement Barron Pizza, Incorporated Year Ending 2015 ($ in thousands, except earnings per share) Gross profit %24 %24 %24 %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: 16,649,000 Tax rate: 37.5% Interest expense: $6,000 Revenue: $889,439 Depreciation: $31,286 Selling, general, and administrative expense: $77,401 Other income: $1,116 Research and development: $4,180 Cost of goods sold: $750,623 Note: Enter all expenses as negative numbers. (Round the earnings per share to the nearest cent. Also, use a minus sign for numbers to be subtracted.) Income Statement Barron Pizza, Incorporated Year Ending 2015 ($ in thousands, except earnings per share) Gross profit %24 %24 %24 %24
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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