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. Comparative financial statement data of Sanfield, Inc. follow: Sanfield INc. 2011 2010 Net sales 458,000 427,000 COGS 240,000 216,000 Gross Profit 218,000 211,000 Operating
. Comparative financial statement data of Sanfield, Inc. follow:
Sanfield INc.
2011 2010
Net sales 458,000 427,000
COGS 240,000 216,000
Gross Profit 218,000 211,000
Operating Expense 134,000 132,000
Income From Oper. 84,000 79,000
Interest Expense 13,000 14,000
Income b4 income tax 71,000 65,000
INcome Tax expense 19,000 23,000
Net Income 52,000 42,000
- Market price of Sanfield
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