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1.Profit Margin % calculate Green Harbors Profit Margin %- PROFIT MARGIN %-... (Sales Revenue - Costs) divided by Sales Revenue INCOME STATEMENT GREEN HARBOR LLC
1.Profit Margin %
calculate Green Harbors Profit Margin %-
PROFIT MARGIN %-... (Sales Revenue - Costs) divided by Sales Revenue INCOME STATEMENT GREEN HARBOR LLC - For the year ended DECEMBER 31 2016 Revenues GROSS REVENUES (including INTEREST income) $3,000,000 Expenses: VARIABLE Advertising $250,000 $125,000 $125,000 Raw Materials Utilities FIXED Mortgage/Rent Machinery Salaries $500,000 $500,000 $500,000 ($2,000,000) TOTAL EXPENSES NET INCOME $1,000,000Step by Step Solution
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