Annual Percentage Growth 2015-2016
|
. Income Statement for the years ending December 31, 201X and December 31, 201Y |
||||
|
|
2015 |
2016 |
Annual Percentage Growth 2015-2016 |
|
|
Sales |
475,000 |
500,000 |
1. |
|
|
Cost of Goods Sold |
265,000 |
269,000 |
2. |
|
|
Gross Profit |
210,000 |
231,000 |
3. |
|
|
Wages |
154,000 |
163,000 |
4. |
|
|
Repairs |
5,800 |
4,150 |
5. |
|
|
Rent |
13,000 |
12,000 |
6. |
|
|
Taxes |
16,940 |
17,930 |
7. |
|
|
Office Expenses |
1,023 |
587 |
8. |
|
|
Total Expenses |
190,763 |
197,667 |
9. |
|
|
Net Income |
19,237 |
33,333 |
10. |
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