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: 16,673,000 Tax rate: 37.5% Interest expense: $6,072 Revenue: $889,345 Depreciation: $31,256 Selling, general, and administrative expense: $77,498 Other income: $1,118 Research and development $4,193 Cost of goods sold: $750,757 Note: Enter all expenses as negative numbers. EBIT Income before tax Net income Shares outstanding |Earnings per share

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
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.8E
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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: 16,673,000
Tax rate: 37.5%
Interest expense. $6,072
Revenue: $889,345
Depreciation: $31,256
Selling, general, and administrative expense: S77.498
Other income. $1,118
Research and development: $4,193
Cost of goods sold: $750,757
Note Enter all expenses as negative numbers.
EBIT
Income before tax
Net income
Shares outstanding
Earnings per share
%24
%24
%24
%24
%24
%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: 16,673,000 Tax rate: 37.5% Interest expense. $6,072 Revenue: $889,345 Depreciation: $31,256 Selling, general, and administrative expense: S77.498 Other income. $1,118 Research and development: $4,193 Cost of goods sold: $750,757 Note Enter all expenses as negative numbers. EBIT Income before tax Net income Shares outstanding Earnings per share %24 %24 %24 %24 %24 %24
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