Question

Year Ending Account Year Ending 2014 Year Ending 2012 2013 917,399 $ $ 946,298 -669,337 $ $ 169,350 -70,567 Revenue $ Cost of
Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza Year Ending Year End
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Note: Assumed that the figures are all in 000's

EPS = Net income/Shares outstanding

Account Year Ending 2014 Year Ending 2013 Year Ending 2012 Revenue Cost of Goods sold Gross profit Selling General and Admini

Same excel with and without formulas pasted below.

Account Year Ending 2014 Year Ending 2013 Year Ending 2012
Revenue                  917,399.00                  946,298.00                  971,231.00
Cost of Goods sold               (748,049.00)               (669,337.00)               (656,197.00)
Gross profit                  169,350.00                  276,961.00                  315,034.00
Selling General and Administrative expenses                  (70,567.00)               (153,646.00)               (192,966.00)
Research and Development                    (5,428.00)                    (7,127.00)                    (3,459.00)
Depreciation                  (32,802.00)                  (34,446.00)                  (35,654.00)
Operating Income                    60,553.00                    81,742.00                    82,955.00
Other Icome                          646.00                          750.00                      1,746.00
EBIT                    61,199.00                    82,492.00                    84,701.00
Interest Expenses                    (6,812.00)                    (7,645.00)                    (8,836.00)
Income Before Tax                    54,387.00                    74,847.00                    75,865.00
Taxes                  (20,395.00)                  (28,068.00)                  (28,449.00)
Net Income                    33,992.00                    46,779.00                    47,416.00
Shares Outstanding            16,747,000.00            16,747,000.00            16,747,000.00
Earnings per share                               2.03                               2.79                               2.83
Account Year Ending 2014 Year Ending 2013 Year Ending 2012
Revenue 917399 946298 =D5-D4
Cost of Goods sold =B5-B3 -669337 -656197
Gross profit 169350 =C3+C4 315034
Selling General and Administrative expenses -70567 =C10-C5-C7-C8 -192966
Research and Development -5428 -7127 -3459
Depreciation =B10-B6-B7-B5 -34446 -35654
Operating Income 60553 81742 =D5+D6+D7+D8
Other Icome 646 =C13-C10 1746
EBIT =B10+B11 82492 =D10+D11
Interest Expenses -6812 =C16-C13 -8836
Income Before Tax =B13+B14 74847 =D13+D14
Taxes -20395 -28068 =D18-D16
Net Income =B16+B17 =C16+C17 47416
Shares Outstanding 16747000 16747000 16747000
Earnings per share =B18/B20*1000 =C18/C20*1000 =D18/D20*1000
Add a comment
Know the answer?
Add Answer to:
Year Ending Account Year Ending 2014 Year Ending 2012 2013 917,399 $ $ 946,298 -669,337 $...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Year Ending Year Ending 2014 Year Ending Account 2013 2012 Revenue $ 917,399 $ 946,298 $...

    Year Ending Year Ending 2014 Year Ending Account 2013 2012 Revenue $ 917,399 $ 946,298 $ -669,337 $ $ Cost of goods sold Gross profit Selling, general, and administrative expenses $ Research and development $ Depreciation Operating income $ 169,350 -70,567 -5,428 $ $ $ -656,197 315,034 -192,966 -3,459 -35,654 $ $ -7,127 $ -34,446 $ 81,472 $ $ Other income 60,553 $ 646 $ EBIT $ 1,746 84,701 Interest expense $ -6,812 Income before tax Taxes 82,492 $ $...

  • use tax rate of 37.5 Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012-2014...

    use tax rate of 37.5 Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012-2014 ($ in thousands, except earnings per share) Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue $ 917,399 $ 946,298 Cost of goods sold $ -669,337 $ -656,197 Gross profit 169,350 $ 315,034 Selling, general, and administrative expenses $ -70,567 - 192,966 Research and development -5,428 $ -7,127 $ -3,459 Depreciation $ -34,446 $ -35,654 Operating income 60,553 $ 81,472 Other income...

  • fill in the yellow spaces Year Ending Year Ending Year Ending Account 2014 2013 2012 946,200...

    fill in the yellow spaces Year Ending Year Ending Year Ending Account 2014 2013 2012 946,200 $ 917,209 $ Revenue Cost of goods sold Gross profit Selling, general, and administrative expenses -669,228 $ -656,131 169,500 $ 315,059 -70,424 $ -193,097 -5,354 $ -7,016 $ -34,464 $ Research and development -3,457 -35,678 Depreciation 60,498 $ 81,439 $ Operating income Other income 524 S 1,962 EBIT 82,496 $ 84,789 Interest expense -6,710 $ -8,703 74,795 $ Income before tax 76,086 Taxes -28,048...

  • Fill in the missing numbers on the following annual income statements for Baron Pizza, Inc., Note:...

    Fill in the missing numbers on the following annual income statements for Baron Pizza, Inc., Note: Use tax rate of 37.5% Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012-2014 ($ in thousands, except earnings per share) Year Ending Year Ending Year Ending 2014 2013 2012 Account Revenue $ 917,210 $ 946,154 -669,263 $ $ -656,157 $ $ 314,900 169,351 -70,587 $ Cost of goods sold Gross profit Selling, general, and administrative expenses $ Research and development Depreciation...

  • Please show me the excel work if possible. thank you Data Table Barron Pizza, Inc. Abbreviated...

    Please show me the excel work if possible. thank you Data Table Barron Pizza, Inc. Abbreviated Income Statements for the Years Ending 2012-2014 ($ in thousands, except earnings per share) Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue $ 917,227 $ 946,228 Cost of goods sold $ -669,249 $ -656,300 Gross profit $ 169,391 314,926 Selling, general, and administrative expenses -70,527 -193,048 Research and development $ 5,379 S -7,021 S -3,518 Depreciation $ -34,475 $ -35,760 Operating...

  • Income statoment. Fill in the missing numbers on the following annual income statements for Barron Pizza,...

    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...

  • P14-1 (similar to) Income statement. Fill in the missing numbers on the following annual income statements...

    P14-1 (similar to) 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% Abbreviated Income Statements for the Years Ending 2012-2014 (5 in thousands, except earnings per share) Year Ending Year Ending Year Ending Account 2014 2013 2012 Revenue 917,300 $ 946,257 $ Cost of goods sold -669,327 $ -656,286 Gross profit 169.472 314.945 Selling general, and administrative expenses -70.550 - 192.979 Research and development -5,433...

  • Find NOWC (Net Operating Profit After Taxes) for 2013 Asset Year 2014 2013 2012 Cash 14,000...

    Find NOWC (Net Operating Profit After Taxes) for 2013 Asset Year 2014 2013 2012 Cash 14,000 7,282 9,000 Acct Receivable 878,000 632,160 351,200 Inventories 1,716,480 1,278,360 715,200 FA 817,040 939,790 344,800 Acct Payable 436,800 524,160 145,600 Accrual 408,000 489,600 136,000 Income Statement Year 2014 2013 2012 EBIT 510,640 -690,560 209,100 TAX 40% $ 2,580,720 $ 1,843,832 - $ 414,336 $ 306,384 Not enough information

  • a) What is the retention ratio for 2012, 2013, and 2014? b) What is the sustainable...

    a) What is the retention ratio for 2012, 2013, and 2014? b) What is the sustainable growth rate for 2012, 2013, and 2014? c) what is the actual growth rate for 2013 and 2014? d) what is the equity multiplier for 2012, 2013, and 2014? Please show formulas. 2014 14,000 71,632 878,000 715,2001,287,3601,716,480 1,946,8022,680,112 836,840 1,468,8002,886,5923,516,952 Balance Sheets 2012 9,000 48,600 2013 7,282 as Short-term investments Accounts receivable Inventory Total Current Assets Net Fixed Assets Total Assets 351,200 632,160 1,124,0001...

  • Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2 thousands of...

    Income statement. Construct the Barron Pizza, Inc. income statement for the year ending 2 thousands of dollars): Shares outstanding: 16,768,000 Tax rate: 37.5% Interest expense: $6,120 Revenue: $889,442 Depreciation: $31,279 Selling, general, and administrative expense: $77,427 Other income: $1,254 Research and development: $4,018 Cost of goods sold: $750,657 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 Income Statement Barron Pizza, Incorporated Year Ending...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT