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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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