Question

Income statoment. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012/2014 (S In gs per share Year Ending Year EndingYear Ending 2013 2014 2012 Account Revenue Cost of goods sold Gross proft Selling, general, and administrative expenses$ $917 296 $946.212 669 267 s01556-293 169,433 $ s 314.998 70,574 simiys192.986 3,411 -7,085S 34.539 S $60.435 $81.317 s $ 5,475 35,691 Operating income Other income ,740 84.650 8,888 s75.782 549 $ 82,512 s Interest expense 6,766 s 74,795 S S20,332$28,048 $ $75.762 Income before tax axes Net income Shares outstanding Earnings per share 46,747 47,351 16,738,000 $ 2.02 $ 16,738,000 2.79 $ er any number in the edit fields and then click Check Answer. parts 20
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Answer #1

Answer:

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Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza Inc

Year Ending
2014

Year Ending
2013

Year Ending
2012

Revenue

917296

946212

971281

Cost of goods sold

-747863

-669267

-656283

Gross profit

169433

276945

314998

SG&A

-70574

-154004

-192986

Research & Dev.

-5475

-7085

-3411

Depreciation

-32949

-34539

-35691

Operating Income

60435

81317

82910

Other Income

549

1195

1740

EBIT

60984

82512

84650

Interest Expense

-6766

-7717

-8888

Income Before Tax

54218

74795

75762

Taxes

-20332

-28048

-28411

Net Income

33886

46747

47351

Shares Outstanding

16738000

16738000

16738000

EPS

2.02

2.79

2.83

Working notes for the above answer is as under

124 Year Ending 2014 917296 +D128-D126 169433 70574 5475 +D132-D128-D129-D130 60435 549 +D132+D133 6766 +D134+D135 20332 +D136+D137 16738000 +D138/16738 Year Ending 2013 946212 Year Ending 2012 -F127+F128 656283 314998 125 126 Revenue 127 Cost of goods sold 128 Gross profit 129 SG&A 130 Research & Dev 131 Depreciation 132 Operating Income 133 Other Income 134 EBIT 135 Interest Expense 136 Income Before Tax 137 Taxes 138 Net Income 139 Shares Outstandin 140 EPS 669267 +E126+E127 +E132-E128-E130-E131 -192986 7085 34539 81317 +E134-E132 82512 +E136-E134 74795 28048 +E136+E137 16738000 2.79 3411 35691 -+F128+F129+F130+F131 1740 +F132+F133 +F134+F135 +F138-F136 47351 16738000 +F138/16738

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