Business, 01.03.2021 22:20 angelthompson2018

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 an earlier year (ended March 31) are presented here (dollars in thousands) in simplified form in alphabetical order: Cost of goods sold $1,733,916
Interest expense 417
Net revenue 2,342,260
Other selling, general, and administrative expenses 494,829
Provision for income taxes 43,583
Weighted average shares outstanding 81,208

Required:
a. Prepare a classified (multiple-step) consolidated income statement (showing gross profit, operating income, and income before income taxes). Include a presentation of basic earnings per share.
b. What is the gross profit percentage

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Aeropostale, Inc., is a mall-based specialty retailer of casual apparel and accessories. The company...

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