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Hi, I was wondering if you can check the numbers I have already calculated, and then tell me what earning before taxes and interest rate,

Hi, I was wondering if you can check the numbers I have already calculated, and then tell me what earning before taxes and interest rate, taxes and net gain is

Sales

$2,160,000

Cost of Goods Sold

Operating Income

$95,680 ($15/hr for machinery plus $31 for watch and fin labor hrs, times 40hrs/week times 52 weeks)

Expenses

Warehouse Supplies Expense

(Office supplies, maintenance, ink, printer, etc.)

$17,500

Board Production Expense

(Machine, epoxy, sandpaper, tools, etc.)

$312,000 ($400 per board * 3 boards a day *5 days a week * 52 weeks a year)

Marketing & Advertising Expense

$6000 (youtube charges $2000 per ad, 3 ads per year)

Rent

$96,000

Administrative Salary

$273,000

Employee Salary

$40,000 ($20,000 each)

Utilities

$7200

Earnings Before Interest Rate and Taxes

Taxes (30%)

Net gain

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