ITEM OMR OMR OMR REVENUE Sales 39,095 Total Revenue 332,307.5 COST OF SERVICES SOLD Materials 1.050 Labour 0.830 Total Cost of Services Sold 73,498.6 GROSS PROFIT 258,808.9 OPERATING EXPENSES Commissions, Shipping & Handling, Packaging Advertising Depreciation 10,000 2,100 1,000 Insurance 5,000 Interest 20,000 Rent 25,200 Salaries 60,960 Telephone Utilities (Electricity, Gas, Water) Other (specify) License, Visa/Labour Card Total Operating Expenses 1,200 1,440 200 127,100 PRE-TAX PROFIT 131,750.15 Тахes (1%) 1,317.5 NET PROFIT 130,402.65
ITEM OMR OMR OMR REVENUE Sales 39,095 Total Revenue 332,307.5 COST OF SERVICES SOLD Materials 1.050 Labour 0.830 Total Cost of Services Sold 73,498.6 GROSS PROFIT 258,808.9 OPERATING EXPENSES Commissions, Shipping & Handling, Packaging Advertising Depreciation 10,000 2,100 1,000 Insurance 5,000 Interest 20,000 Rent 25,200 Salaries 60,960 Telephone Utilities (Electricity, Gas, Water) Other (specify) License, Visa/Labour Card Total Operating Expenses 1,200 1,440 200 127,100 PRE-TAX PROFIT 131,750.15 Тахes (1%) 1,317.5 NET PROFIT 130,402.65
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Prepare Cash-Flow Statement
Transcribed Image Text:(Income Statement)
Amount in
Amount in
Amount in
ITEM
OMR
OMR
OMR
REVENUE
Sales
39,095
Total Revenue
332,307.5
COST OF SERVICES SOLD
Materials
1.050
Labour
0.830
Total Cost of Services Sold
73,498.6
GROSS PROFIT
258,808.9
OPERATING EXPENSES
Commissions, Shipping & Handling, Packaging
Advertising
10,000
2,100
Depreciation
1,000
Insurance
5,000
Interest
20,000
Rent
25,200
Salaries
60,960
Telephone
Utilities (Electricity, Gas, Water)
Other (specify) License, Visa/Labour Card
Total Operating Expenses
1,200
1,440
200
127,100
PRE-TAX PROFIT
131,750.15
Тахes (1%)
1,317.5
NET PROFIT
130,402.65
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