{"id":105,"date":"2023-04-04T05:15:17","date_gmt":"2023-04-04T05:15:17","guid":{"rendered":"http:\/\/nourishorganics.katiestrass.lmu.build\/blog\/?page_id=105"},"modified":"2023-04-04T05:31:51","modified_gmt":"2023-04-04T05:31:51","slug":"income-statement","status":"publish","type":"page","link":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/?page_id=105","title":{"rendered":"Income Statement"},"content":{"rendered":"\n
Income Statement for Fiscal Year Ended December 31, 2022<\/td><\/tr>
Sales<\/td> $ 4,000,000 <\/td><\/tr>
Less: COGS<\/td> $    900,000 <\/td><\/tr>
Gross Profits<\/td> $ 3,100,000 <\/td><\/tr>
Less: Operating Expenses<\/td> $    110,000 <\/td><\/tr>
Operating Profits<\/td> $ 2,990,000 <\/td><\/tr>
Less: Net Interest<\/td> $      20,000 <\/td><\/tr>
Profit Before Taxes<\/td> $ 2,970,000 <\/td><\/tr>
Less: Taxes (at 40% Rate)<\/td> $ 1,188,000 <\/td><\/tr>
Profit After Taxes<\/td> $ 1,782,000 <\/td><\/tr>
Less: Common Stock Dividends<\/td> $      60,000 <\/td><\/tr>
 <\/td> <\/td><\/tr>
Retained Earnings<\/td> $ 1,722,000 <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Income Statement for Fiscal Year Ended December 31, 2022 Sales  $ 4,000,000  Less: COGS  $    900,000  Gross Profits  $ 3,100,000  Less: Operating Expenses  $    110,000  Operating Profits  $ 2,990,000  Less: Net Interest  $      20,000  Profit Before Taxes  $ 2,970,000  Less: Taxes (at 40% Rate)  $ 1,188,000  Profit After Taxes  $ 1,782,000  Less: Common Stock Dividends  $      60,000     … Continue reading Income Statement<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":47,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-105","page","type-page","status-publish","hentry","entry"],"_links":{"self":[{"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/pages\/105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105"}],"version-history":[{"count":1,"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/pages\/105\/revisions"}],"predecessor-version":[{"id":108,"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/pages\/105\/revisions\/108"}],"up":[{"embeddable":true,"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=\/wp\/v2\/pages\/47"}],"wp:attachment":[{"href":"https:\/\/nourishorganics.katiestrass.lmu.build\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}