MBA 500

IS

	Consolidated Income Statement
	for the year ended 31 December
		$ thousand	$ thousand	$ thousand
		2018	2017	2016
	Sales Revenue	$ 174,090	$ 150,000	$ 130,000
	Cost of Goods Sold	93,000	88,000	75,000
	Gross Profit	81,090	62,000	55,000
	Operating Expenses:
	Selling expenses
	Salary expense	35,000	29,000	24,500
	Advertising expense	8,000	7,500	6,800
	Administration expense
	Depreciation and amortization expense	1,000	890	750
	Salary expense	10,800	8,700	7,500
	Other Operating Expenses	2,200	1,900	1,400
	Total Operating Expenses	57,000	47,990	40,950
	Operating Income	24,090	14,010	14,050
	Other Revenue and (Expenses)
	Charitable donations	500	450	400
	Total Other Revenues and Expenses	500	450	400
	Income Before Income Tax	23,590	13,560	13,650
	Income Tax Expense	5,025	2,137	2,867
	Net Income	$ 18,565	$ 11,423	$ 10,784

Question to consider - Our TBL strategies include giving back to the low-income neighborhoods we are targeting. Does our charitable giving reflect that increased support to those neighborhoods?

Questions to consider - - Are we seeing year-over-year growth in revenues? - Is this growth attributable to our CSR and TBL efforts?

Question to consider - - Are we hiring to support TTL efforts and objectives?

Question to consider - - Are we hiring to support TTL efforts and objectives?

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