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Income Statement for last quarter of 2017 AED Sales Revenues 13,840,000.0 minus COGS 11,056,000.0 Gross margin 2,784,000.0 Admin expenses 530,000.0 Shipping expenses 465,300.0 Sales commission

Income Statement for last quarter of 2017

AED

Sales Revenues

13,840,000.0

minus COGS

11,056,000.0

Gross margin

2,784,000.0

Admin expenses

530,000.0

Shipping expenses

465,300.0

Sales commission (3% of sales)

415,200.0

Financial expenses

44,000.0

1,454,500.0

Net Profit

1,329,500.0

The number of units (containers) sold and sales volume of the three products were as follows:

AG

AGL

AGSL

Total

Actual sales (units)

30,794

44,288

36,503

111,585

Actual sales (AED)

2,463,520.0

5,536,000.0

5,840,480.0

13,840,000.0

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