Assignments - + Depreciation = Total Expense Operating...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Income Statement Quarter 1 Quarter 2 Quarter 3 Quarter 4 Gross Profit Reveneus 0 1,653,980  4,306,256  7,200,638  - Rebates 0 44,800  110,800  200,500  - Cost of Goods Sold 0 1,106,929  2,523,111  3,612,645  = Gross Profit 0 502,251  1,672,345  3,387,493  Expenses Research and Development + Advertising + Sales Force Expense + Sales Office Expense + Marketing Research + Shipping + Inventory Holding Cost + Excess Capacity Cost
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: + Depreciation = Total Expense Operating Profit Miscellaneous Income and Expenses + Other Income- Other Expenses = Earnings Before Interest and Taxes + Interest Income- Interest Charges = Income Before Taxes- Loss Carry Forward = Taxable Income- Income Taxes = Net Income Earnings per Share Totals 13,160,874 356,100 7,242,685 5,562,089...
View Full Document

This note was uploaded on 09/05/2011 for the course MGMT 310 taught by Professor Staff during the Spring '08 term at Iowa State.

Page1 / 2

Assignments - + Depreciation = Total Expense Operating...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online