Problems
These problems are available in MyFinanceLab.
Income statement. Fill in the missing numbers on the following annual income statements for Barron Pizza, Inc.
Description
The abbreviated income statements for Barron Pizza, Inc. are for the Years Ending 2012-2014. All figures are in thousands except earnings per share.
For year ending 2014:
Revenue: $917,378
Cost of goods sold: [blank]
Gross profit $169,441
Selling, general, and administrative expenses: $70.505 [figures shown in red]
Research and development: $5,469 [figures shown in red]
Depreciation: [blank]
Operating income: $60,540
Other income: $672
EBIT: [blank]
Interest expense: ...
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