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Vamba Sheriff Company Comparative Income Statements For Years Ended December 31, 2026-2023 2026 2025 2024 2023 Net sales $306,000 $273,000 $237,000 $168,000 Cost of goods
| Vamba Sheriff Company | |||||
| Comparative Income Statements | |||||
| For Years Ended December 31, 2026-2023 | |||||
| 2026 | 2025 | 2024 | 2023 | ||
| Net sales | $306,000 | $273,000 | $237,000 | $168,000 | |
| Cost of goods sold | 141,000 | 235,000 | 153,000 | 141,000 | |
| Gross margin | 165,000 | 38,000 | 84,000 | 27,000 | |
| Operating expenses | 87,000 | 20,000 | 45,000 | 14,000 | |
| Net income | $78,000 | $18,000 | $39,000 | $13,000 | |
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| Total asset turnover |
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
4th edition
978-0133428377
