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The income statement comparison for Forklift Material Handling shows the income statement for the current and prior year. FORKLIFT MATERIAL HANDLING Income Statement Comparison Current
The income statement comparison for Forklift Material Handling shows the income statement for the current and prior year.
FORKLIFT MATERIAL HANDLING | ||
Current Year | Prior Year | |
| (Amounts in thousands) | ||
| Sales | $33,750 | $24,750 |
| Cost of goods sold | 21,938 | 16,830 |
| Gross profit | $11,812 | $7,920 |
| Wages | $8,775 | $6,188 |
| Utilities | 675 | 250 |
| Repairs | 169 | 325 |
| Selling | 506 | 200 |
| Total expenses | $10,125 | $6,963 |
| Operating income | ? | ? |
| Operating income % | ? | ? |
| Total assets (investment base) | $4,500 | $1,500 |
| Return on investment | ? | ? |
| Residual income (8% cost of capital) | ? | ? |
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Cost And Management Accounting An Introduction
Authors: Colin Drury
7th Edition
1408032139, 978-1408032138
