Cool Lope, Inc. - Tropical Smoothies and Shaved Ice Cool Lope, Inc. Consolidated Statements of Earnings For
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Cool Lope, Inc. - Tropical Smoothies and Shaved Ice | |||
Cool Lope, Inc. | |||
Consolidated Statements of Earnings | |||
For the Years Ended December 31, 20X3, 20X2, 20X1 | |||
20X3 | 20X2 | 20X1 | |
Net sales | $21,560 | $16,400 | $15,180 |
Cost of goods sold | $12,946 | $10,297 | $9,670 |
?Gross profit | $8,614 | $6,103 | $5,510 |
Selling and administrative expenses | $4,572 | $3,349 | $3,276 |
Advertising | $1,425 | $1,079 | $954 |
Depreciation and amortization | $250 | $250 | $250 |
?Operating profit | $2,218 | $1,377 | $1,030 |
Other income (expense) | |||
Interest expense | ($130) | ($130) | ($130) |
?Earnings before income taxes | $2,348 | $1,507 | $1,160 |
?Provision for income taxes | $517 | $332 | $255 |
??Net earnings | $1,831 | $1,175 | $905 |
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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