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Income Statements
2005 2004
Sales $ 6,034,000 $ 3,432,000
Cost of goods sold 5,528,000 2,864,000
Other expenses 519,988 358,672
Total operating costs excluding
depreciation and amortization $ 6,047,988 $ 3,222,672
EBITDA ($ 13,988) $ 209,328
Depreciation and amortization 116,960 18,900
EBIT ($ 130,948) $ 190,428
Interest expense 136,012 43,828
EBT ($ 266,960) $ 146,600
Taxes (40%) (106,784)a 58,640
Net income ($ 160,176) $ 87,960
EPS ($ 1...
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Income Statements
2005 2004
Sales $ 6,034,000 $ 3,432,000
Cost of goods sold 5,528,000 2,864,000
Other expenses 519,988 358,672
Total operating costs excluding
depreciation and amortization $ 6,047,988 $ 3,222,672
EBITDA ($ 13,988) $ 209,328
Depreciation and amortization 116,960 18,900
EBIT ($ 130,948) $ 190,428
Interest expense 136,012 43,828
EBT ($ 266,960) $ 146,600
Taxes (40%) (106,784)a 58,640
Net income ($ 160,176) $ 87,960
EPS ($ 1...
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General points of the essay
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