{"id":25,"date":"2023-04-02T23:13:03","date_gmt":"2023-04-02T23:13:03","guid":{"rendered":"http:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/?page_id=25"},"modified":"2023-04-04T05:24:45","modified_gmt":"2023-04-04T05:24:45","slug":"income-statements","status":"publish","type":"page","link":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/income-statements\/","title":{"rendered":"Income Statements"},"content":{"rendered":"\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Income Statement for Fiscal Year Ended December 31<\/strong><\/td><td><strong>2018<\/strong><\/td><td><strong>2019<\/strong><\/td><td><strong>2020<\/strong><\/td><\/tr><tr><td>Sales <\/td><td>$49,400.00<\/td><td>&nbsp;$59,850.00<\/td><td>&nbsp;$74,100.00<\/td><\/tr><tr><td>Less Cost of Goods Sold<\/td><td>$21,840.00<\/td><td>$26,460.00<\/td><td>$32,760.00<\/td><\/tr><tr><td>Gross Profits <\/td><td>$27,560.00<\/td><td>$33,390.00<\/td><td>$41,340.00<\/td><\/tr><tr><td>Less Operating Expenses <\/td><td>$8,200.00<\/td><td>$9,100.00<\/td><td>$10,400.00<\/td><\/tr><tr><td>Operating Profits <\/td><td>$19,360.00<\/td><td>$24,290.00<\/td><td>$30,940.00<\/td><\/tr><tr><td>Less Net Interest <\/td><td>$1,200.00<\/td><td>$1,050.00<\/td><td>$890.00<\/td><\/tr><tr><td>Profit Before Taxes <\/td><td>$18,160.00<\/td><td>$23,240.00<\/td><td>$30,050.00<\/td><\/tr><tr><td>Less Taxes (at 40% Rate) <\/td><td>$7,264.00<\/td><td>$9,296.00<\/td><td>$12,020.00<\/td><\/tr><tr><td>Profit After Taxes <\/td><td>$10,896.00<\/td><td>$13,944.00<\/td><td>$18,030.00<\/td><\/tr><tr><td>Less Common Stock Dividends <\/td><td>$500.00<\/td><td>$500.00<\/td><td>$500.00<\/td><\/tr><tr><td>Retained Earnings <\/td><td>$494.00<\/td><td>$598.50<\/td><td>$741.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<pre class=\"wp-block-preformatted\"><\/pre>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"722\" height=\"434\" src=\"http:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-03-at-10.24.14-PM.png\" alt=\"\" class=\"wp-image-129\" srcset=\"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-03-at-10.24.14-PM.png 722w, https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-content\/uploads\/2023\/04\/Screen-Shot-2023-04-03-at-10.24.14-PM-300x180.png 300w\" sizes=\"auto, (max-width: 722px) 100vw, 722px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Income Statement for Fiscal Year Ended December 31 2018 2019 2020 Sales $49,400.00 &nbsp;$59,850.00 &nbsp;$74,100.00 Less Cost of Goods Sold $21,840.00 $26,460.00 $32,760.00 Gross Profits $27,560.00 $33,390.00 $41,340.00 Less Operating Expenses $8,200.00 $9,100.00 $10,400.00 Operating Profits $19,360.00 $24,290.00 $30,940.00 Less Net Interest $1,200.00 $1,050.00 $890.00 Profit Before Taxes $18,160.00 $23,240.00 $30,050.00 Less Taxes (at 40% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-25","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/pages\/25","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/comments?post=25"}],"version-history":[{"count":6,"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/pages\/25\/revisions"}],"predecessor-version":[{"id":130,"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/pages\/25\/revisions\/130"}],"wp:attachment":[{"href":"https:\/\/kittykravings.sadeghi.lmu.build\/kittykravings\/wp-json\/wp\/v2\/media?parent=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}