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Sales $ 98,800.00 COGS $ 57,200.00 Gross Profit $ 41,600.00 Operating Expenses Selling and Administration $ 41,590.00 Depreciation Expense $ 3,000.00 Total Operating Expense $
Sales | $ 98,800.00 |
COGS | $ 57,200.00 |
Gross Profit | $ 41,600.00 |
Operating Expenses | |
Selling and Administration | $ 41,590.00 |
Depreciation Expense | $ 3,000.00 |
Total Operating Expense | $ 44,590.00 |
Interest Expense | $ 201.78 |
Income before tax | $ (3,191.78) |
Income tax | $ (1,276.71) |
Net Income | $ (1,915.07) |
Does it appear that Owens business will remain solvent, or could the company be heading for a cash crisis
at least 1 reference. No plagiarism or copy 200 word
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