Cinemark Holdings Inc operates movies and food

concession counters throughout #2645

Cinemark Holdings, Inc. operates movies and food concession counters throughout the United
States. Its income statement for the quarter ended March 31, 2011, reported the following
(listed alphabetically in thousands):Admissions Revenue..................... $311,692................. Net
Income............ ?Concessions Expenses...................... 23,282............. Other Expenses.....
$24,265Concessions Revenue...................... 146,681............ Other Revenues...... 24,763Film
Rental Expenses...................... 165,153...............Rent Expense...... 66,426General and
Administrative Expenses... 179,047............. Total Expenses............ ?Required:1. Solve for the
missing amounts and prepare an income statement for the quarter endedMarch 31, 2011.2.
What are Cinemark's main source of revenue and two biggest expenses?View Solution:
Cinemark Holdings Inc operates movies and food concession counters throughout

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