income statement data for boston company for 2009 and 2010 follow 626138
Income statement data for Boston Company for 2009 and 2010 follow:
|
2009 |
2010 |
|
|
Net sales |
$2,610,000 |
$1,936,000 |
|
Cost of goods sold |
18,29,600 |
12,56,400 |
|
Selling expenses |
3,96,800 |
3,50,000 |
|
Administrative expenses |
2,34,800 |
1,98,400 |
|
Federal income taxes |
57,600 |
54,000 |
Real world question From the financial statements of The Limited in the Annual report appendix, determine the 2003 cash flow margin.Real world question From the financial statements of The Limited in the Annual report appendix, determine the 2003 cash flow margin.