cis 122l
Documentation
| Cooking Craft | |
| Author | |
| Date | |
| Purpose | Income statement for French sales |
Income Statement
| Cooking Craft | |
| Paris Store Income Statement | |
| (currency values in euros) | |
| Period Ending | Dec 31, 2017 |
| Revenue | 46,210.45 |
| Cost of Goods Sold | 17,320.22 |
| Gross Margin | 28,890.23 |
| Operating Expenses | |
| Payroll | 15,123.17 |
| Depreciation | 951.89 |
| Advertising | 2,098.44 |
| Rent | 2,771.38 |
| Insurance | 722.81 |
| Total | 21,667.69 |
| Profit before Interest and Taxes | 7,222.54 |
| Interest Expense | 471.27 |
| Pretax Profit | 6,751.27 |
| Taxes Incurred | 4,516.22 |
| Net Profit | 2,235.05 |