Cooking Craft

Author
Date
Purpose Income statement for French sales
Cooking Craft
Paris Store Income Statement
(currency values in euros)
Period Ending Dec 31, 2017
Revenue 46,210.45
Cost of Goods Sold 17,320.22
Gross Margin 28,890.23

Operating Expenses
Payroll 15,123.17
Depreciation 951.89
Advertising 2,098.44
Rent 2,771.38
Insurance 722.81
Total 21,667.69

Profit before Interest and Taxes 7,222.54

Interest Expense 471.27
Pretax Profit 6,751.27

Taxes Incurred 4,516.22

Net Profit 2,235.05