Altac Bicycles-EX49-50

Altac Bicycles-EX49-50 - 3,466 3,166 2,395 Income taxes...

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For the Years Ended December 31, 2007 through December 31, 2009 Year 2009 2008 2007 Sales Net Sales 12,510 10,981 9,004 Cost of Sales 4,140 3,810 3,011 Gross Margin 8,370 7,171 5,993 Expenses Salaries and Wages 1,602 1,481 1,392 Sales and Marketing 2,631 2,012 1,840 Administratibe 521 410 324 Research and Development 491 404 281 Total Operating Expenses 5,245 4,307 3,837 Operating Income 3,125 2,864 2,156 Other Income 341 302 239 Pre-tax Income
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Unformatted text preview: 3,466 3,166 2,395 Income taxes 1,225 1,008 781 Net income 2,241 2,158 1,614 Shares 3,581 3,001 2,844 Eanings per share 0.63 0.72 0.57 * (in millions except per-share amounts) Altac Bicycles Income Statement* Altac Bicycles Author Ryan Gulliksen Date 14-Jul-08 Purpose Income statement for Altac Bicycles for 2007 through 2009...
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Altac Bicycles-EX49-50 - 3,466 3,166 2,395 Income taxes...

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