Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc., . Note: Use a tax rate of 37.5%.Barron Pizza, Inc.Abbreviated Income Statements forthe Years Ending 2012-2014(S in thousands, except earnings per share)Year EndingYear EndingYear EndingAccount201420132012Revenue917,304 S946 152 SCost of goods soldS.-669.267 S-656.118Gross profitS 169.382 S314,945Selling, general, and administrative expenses-70.490 S-193,007Research and development-5,309 S-7,166/S-3,502Depreclation-34.419 S-35 73160.523 S81,390 SOperating income.%24%24%24%24%24%24%24%24 Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc.,Note: Use a tax rate of 37.5%.Gross profit169,382| $314,945|Selling, general, and administrative expenses-70,490 $-193,007Research and development-5,309 $-7,166 S-3,502-34,419 S-35,731DepreciationOperating income60,523 S81,390 $597 S1.946Other income5.82,577 S84,651EBIT-6,739| S-8,726Interest expense74,884/ S75,925Income before tax-20,393| S-28,082 SТахesS.S.46,802 S47,453Net income16.731.000 S16731,000Shares outstanding2.03 S2.80 $Earnings per share%24%24%24%24%24%24%24%24%24%24%24%24%24%24%24

Income statement is a part of financial statement which ascertains the net income earned from the…

Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc., Note: Use a tax rate of 37.5%. Barron Pizza, Ic. Abbreviated Income Statements for the Years Ending 2012-2014 (S in thousands, except earnings per share) Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue %24 917,304 S 946, 152 $ Cost of goods sold 2$ -669,267 $ -656,118 Gross profit 169.382 S 314,945 -70,490 $ -193,007 Selling, general, and administrative expenses S Research and development Depreciation 2$ 2$ -5.309 $ -7,166 S 3.502 -34,419 $ -35,731 Operating income 60,523 $ 81,390 $

Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc., Note: Use a tax rate of 37.5%. Barron Pizza, Ic. Abbreviated Income Statements for the Years Ending 2012-2014 (S in thousands, except earnings per share) Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue %24 917,304 S 946, 152 $ Cost of goods sold 2$ -669,267 $ -656,118 Gross profit 169.382 S 314,945 -70,490 $ -193,007 Selling, general, and administrative expenses S Research and development Depreciation 2$ 2$ -5.309 $ -7,166 S 3.502 -34,419 $ -35,731 Operating income 60,523 $ 81,390 $

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter2: Financial Statements, Cash Flow,and Taxes

Section: Chapter Questions

Problem 15P: Use the following income statement of Elliott Game Theory Consulting to determine its net operating...

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