Atlac Bicycles

Atlac Bicycles - 521 410 324 Research and Development 491...

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Zack Nagel Busa 207C Box 2406 CP 1 Atlac Bicycles Author Zack Nagel Date 12-Oct-07 Purpose Income statement for Atlac Bicycles for 2007 through 2009
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Zack Nagel Busa 207 C Box 2406 CP 1 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 Administrative
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Unformatted text preview: 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 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 Earnings per share 0.63 0.72 0.57 * (in millions except per-share amounts) Atlac Bicycles Income Statement*...
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Atlac Bicycles - 521 410 324 Research and Development 491...

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