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Business, 19.03.2021 19:30 genyjoannerubiera
Aeropostale, Inc., is a mall-based specialty retailer of casual apparel and accessories. The company concept is to provide the customer with a focused selection of high-quality, active-oriented fashions, at compelling values. The items, reported on its income statement for a recent year (ended March 31) are presented here (dollars in thousands), in alphabetical order:
Cost of goods sold $1,101,349
Interest expense 650
Net revenue 2,005,531
Other selling, general, and administrative expenses 386,883
Provision for income taxes 99,387
Weighted average shares outstanding 66,832
a. Prepare a multiple-step, consolidated income statement, with a presentation of basic earnings per share. (Enter your answers in thousands not in dollars. Round "Basic earnings per share" to 2 decimal places.)
b. What is the gross profit percentage? (Round your answer to 1 decimal place.)
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Aeropostale, Inc., is a mall-based specialty retailer of casual apparel and accessories. The company...
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