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Given the following information for the '09 year, prepare an Income Statement: * Annual Volume of 8MM units * Sales Price of $.75 per unit
| Given the following information for the '09 year, prepare an Income Statement: | ||||||
| * Annual Volume of 8MM units | ||||||
| * Sales Price of $.75 per unit | ||||||
| * Gross Profit Percentage of 10% | ||||||
| * Sales & General Expense were 8% of Sales | ||||||
| * Accumulated Depreciation in '08 totaled $600M; in the | ||||||
| 09 year the Total Accumulated Depreciation amount was $650M. | ||||||
| * Bank debt averaged 250M for the year; interest rate was 8% | ||||||
| * EPS was .10 | ||||||
| * Tax rate is 40% | ||||||
| * There are 100M shares of common stock outstanding | ||||||
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The Customer Satisfaction Audit
Authors: Abram I Bluestein, Michael Moriarty, Ronald J Sanderson
1st Edition
190243398X, 978-1902433981
