DRE with new COGS (24.26%)
| Income statement for the year (DRE) | ||
|---|---|---|
| a. Revenues | 2,100,000.00 | 100% |
| b. COGS | (509,460.00) | 24.26% |
| c. Sales taxes | (212,940.00) | 10.14% |
| d. Gross profit or spread | 1.377.600,00 | 65.60% |
| e. Payroll | (470,400.00) | 22.40% |
| f. Rent | (180,000.00) | 8.57% |
| g. Operating expenses | (350,000.00) | 16.67% |
| h. Net profit | 377,200.00 | 17.96% |
| Income statement for the year (DRE) | ||
|---|---|---|
| a. Revenues | 2,100,000.00 | 100% |
| b. COGS | (509,460.00) | 24.26% |
| c. Sales taxes | (212,940.00) | 10.14% |
| e. Payroll | (470,400.00) | 22.40% |
| f. Rent | (180,000.00) | 8.57% |
| g. Operating expenses | (350,000.00) | 16.67% |
Source(s): The authors (2021)
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.