Case Study: Company G. Comparative Income Statements

Company G
Comparative Income Statements
December 31, Years 12 and 11
Year 12
#N/A
#N/A
#N/A

Year 11
123,708,000
86,409,000
37,299,000

25,827,000
222000
2,316,000
28,365,000
#N/A

23,478,000
267000
2,163,000
25,908,000
11,391,000

2,349,000
-45,000
153,000
2,457,000
2,261,231

10.01%
-16.85%
7.07%
9.48%
19.85%

183000
384000
-201000
#N/A

117000
366000
-249000
11,142,000

66,000
18,000
48,000
2,309,231

66.41%
4.92%
-19.28%
20.73%

5,052,000
#N/A

4,419,000
6,723,000

633,000
1,676,231

14.32%
24.93%

-1,502,000
-126,000

-27.00%
-77.78%

NET SALES
Cost of Merchandise Sold
GROSS PROFIT
Operating Expenses:
Selling and Store Operating
Pre-Opening
General and Administrative
Total Operating Expenses
OPERATING INCOME
Interest Income (Expense):