1. Money
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Sample Income Statement
ABC Widget Company
($1,000s)
 Q2 Q1
 
Sales Revenue
   Widgets4,1254,330
   Repair kits14320
   Service1,4431,102
Total Sales Revenue5,7115,452
 
Sales Costs
   Widgets2,2042,111
   Repair kits184
   Service1,189947
Total Sales Costs3,4113,062
 
Gross Profit (Loss)2,3002,390
   Gross Margin40%44%
 
Operating Expenses
  General & Administrative292301
  Sales & Marketing1,3891,414
  Research & Development214214
  Other Operating Expenses57
Total Operating Expenses1,9001,936
 
Operating Income400454
  Operating Margin7%8%
 
Interest Paid12
Income before Taxes399452
 
Taxes127144
Net Income from Continuing Operations272308
  Profit Margin5%6%
 
Non-recurring Eventsn/a1
Net Income272307
 
Dividends to Stockholders06
Net Income Available to Shareholders272301
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