Altac Bicycles - 491 404 281 Total Operating Expenses 5,245...

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Altac Bicycles Author Date ### Purpose Income statement for Atlac Bicycles for 2007 through 2009
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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 1,391 Sales and Marketing 2,631 2,012 1,840 Administrative 521 410 324 Research and Development
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Unformatted text preview: 491 404 281 Total Operating Expenses 5,245 4,307 3,836 Operating Income 3,125 2,864 2,157 Other INCOME 341 302 239 Pre-tax Income 3,466 3,166 2,396 Income taxes 1225 1008 781 Net income 2,241 2,158 1,615 Shares 3581 3001 2844 Earnings per share 0.63 0.72 0.57 * (in millions except per-share amounts) Atlac Bicycles Income Statement...
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This note was uploaded on 12/02/2009 for the course COM 140 COM 140 taught by Professor Dorsey,c during the Spring '09 term at University of Phoenix.

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Altac Bicycles - 491 404 281 Total Operating Expenses 5,245...

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