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Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Other Expenses and Losses Interest Expense Income Before Income Taxes Income

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Net Sales Cost of Goods Sold Gross Profit Operating Expenses Income From Operations Other Expenses and Losses Interest Expense Income Before Income Taxes Income Tax Expense +A Net Income (Loss) $ Dollars Duke Company 1,860,000 1,030,440 i 829,560 265,980 i 563,580 Percent 100 % 55.4 i % 44.6 % 14.3 i % 30.3 % 7,440 i 0.4 i % 556,140 29.9 % 53,940 i 2.9 i % 502,200 27.0 % 1 decimal place, e.g. 12.1%.) Return on assets Return on common stockholders' equity Duke Company % % Lord Company % %

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