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find the profitability ratio FINANCIAL PLAN DINE TIME LLC INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31st 2018 $432,810.00 $327,600.00 Net Sales Less: Cost of
find the profitability ratio
FINANCIAL PLAN DINE TIME LLC INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31st 2018 $432,810.00 $327,600.00 Net Sales Less: Cost of goods sold Gross income $105,210.00 Operating expenses Labour Utilities Insurance Sales Promotion Delivery and Transportation Miscellaneous Total Expenses $66,420.00 $21,600.00 $5,400.00 $4,320.00 $21,600.00 $10,800.00 $2,700.00 Net Income before Tax $38,790.00 Less: Income Tax $11,637.00 Net Income after Tax $27,153.00 DINE TIME LLC INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 31st 2019 $766,692.00 $572,508.00 Net Sales Less: Cost of goods sold Gross income $194,184.00 Operating expenses Labour Utilities Insurance Sales Promotion Delivery and Transportation Miscellaneous Total Expenses $102,420.00 $32,400.00 $9,000.00 $4,320.00 $32,400.00 $21,600.00 $2,700.00 Net Income before Tax $91,764.00 Less: Income Tax $27,529.00 Net Income after Tax $64,235.00 DINE TIME LLC INCOME STATEMENT FOR THE YEAR ENDING DECEMBER 319 2020 Net Sales Less: Cost of goods sold Gross income $269,978.00 $1,065,949.00 $795,970.00 Operating expenses Salary Labour Utilities Insurance Sales Promotion Delivery and Transportation Miscellaneous Total Expenses $175,580.00 $36,000.00 $54,000.00 $11,700.00 $6,480 $45,000.00 $29,700.00 $2,700.00 Net Income before Tax $94,398.00 Less: Income Tax $28,319.00 Net Income after Tax $66,079.00 1:01
find the profitability ratio
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