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Income Statement Income Sales Revenue $ 195,000.00 Returns & Allowances $ (3,500.00) Investment Income $ 45,000.00 Net Revenue Expenses Directly related to Production Beg Inventory
| Income Statement | ||
| Income | ||
| Sales Revenue | $ 195,000.00 | |
| Returns & Allowances | $ (3,500.00) | |
| Investment Income | $ 45,000.00 | |
| Net Revenue | ||
| Expenses | ||
| Directly related to Production | ||
| Beg Inventory | $ 12,000.00 | |
| New Purchase | $ 124,000.00 | |
| Returns & Allowances | $ (2,200.00) | |
| End Inventory | $ 17,800.00 | |
| CGS | ||
| Unrelated to Production | ||
| Rent | $ 10,000.00 | |
| Utility | $ 1,500.00 | |
| Salaries | $ 25,000.00 | |
| Depreciation | $ - | |
| R&D Expense | $ 4,875.00 | @ |
| Marketing | $ 2,925.00 | @ |
| Oper Expenses | ||
| Oper Income (EBIT) | ||
| Interest | ||
| Taxable Income (EBT) | ||
| Taxes | @ | |
| Net Income (EAT or p) | ||
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Dealing In Traded Options
Authors: Richard Hexton
1st Edition
0131985574, 978-0131985575
