What are the following amounts for the year ended 2/1/20: Net Sales _________Cost of Goods Sold ____________Gross Margin ____________Gross Margin Percentage ____________Operating Income ____________Net Income ____________ Note 20. Quarterly Information (Unaudited)Selected quarterly and annual operating results are as follows:13 WeeksEnded (2)13 WeeksEnded (3)13 WeeksEnded (4)13 WeeksEnded (5)52 WeeksEnded (6)($ in millions except per share amounts)May 4,2019August 3,2019November 2,2019February 1,2020February 1, 2020(fiscal 2019)Net sales2$3,706 $4,005 $3,998 $4,674 $16,383Gross profitNet income (loss)1,559 $140 $$1,344 $1,556 $1,674 $6,133(184) $(0.49) $(0.49) $2$227 $168 $351Earnings (loss) per share-basic (1)Earnings (loss) per share–diluted (1)$0.60 $0.44 $0.37 $0.93$0.60 $0.44 $0.37 $0.93

Financial statement: Financial statements are organized summaries of detailed information about the…

Note 20. Quarterly Information (Unaudited) Selected quarterly and annual operating results are as follows: 13 Weeks 13 Weeks Ended (3) 13 Weeks Ended (4) 13 Weeks Ended (5) 52 Weeks Ended (6) Ended (2) ($ in millions except per share amounts) May 4, 2019 August 3, 2019 November 2, 2019 February 1, 2020 February 1, 2020 (fiscal 2019) Net sales 2$ 3,706 $ 4,005 $ 3,998 $ 4,674 $ 16,383 Gross profit Net income (loss) 1,556 $ 168 $ 2$ 1,344 $ 1,559 $ 1,674 $ 6,133 (184) $ (0.49) $ (0.49) $ 2$ 227 2$ 140 $ 351 Earnings (loss) per share-basic (1) Earnings (loss) per share–diluted (1) $ 0.60 $ 0.44 $ 0.37 $ 0.93 2$ 0.60 $ 0.44 $ 0.37 $ 0.93

Note 20. Quarterly Information (Unaudited) Selected quarterly and annual operating results are as follows: 13 Weeks 13 Weeks Ended (3) 13 Weeks Ended (4) 13 Weeks Ended (5) 52 Weeks Ended (6) Ended (2) ($ in millions except per share amounts) May 4, 2019 August 3, 2019 November 2, 2019 February 1, 2020 February 1, 2020 (fiscal 2019) Net sales 2$ 3,706 $ 4,005 $ 3,998 $ 4,674 $ 16,383 Gross profit Net income (loss) 1,556 $ 168 $ 2$ 1,344 $ 1,559 $ 1,674 $ 6,133 (184) $ (0.49) $ (0.49) $ 2$ 227 2$ 140 $ 351 Earnings (loss) per share-basic (1) Earnings (loss) per share–diluted (1) $ 0.60 $ 0.44 $ 0.37 $ 0.93 2$ 0.60 $ 0.44 $ 0.37 $ 0.93

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 18P

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