Salaries chargod direct
Other Expenses (Advertising)
Net Profit
Gross Profit 25.243$
Operating Cost 20.483$
Not Profit 14.760$
Nee Profit
Amount set aside for
Stock Dividend
5$ set aside for
Educational Fund
Purchase Savings
Dividend
Balance to M.V.F.C.A
Reserve
40,00.
81.25
1,194 9C
1.25
l,'W3.^S
59.74
TTTSsT^L
566.95
1,194.90
566.96
FEED DEPARTMENT
PROFIT & LOSS STATEMENT
Revenuo
Merchandise Sales
Inventory December 31, 1937 13,780.97
Adjustment 3,555.74 10,215.23
Merchandise Purchased 16,282.66
25,497.69
Less Inventory June 30, 1938 6,886.05
Cost of Merchandise Sales
Gross Profit
21,752.69
19.611.84
2,140.85
Operating Expense
Overhead Expense including salaries,
rent, light, heat, water, etc,
5$ of merchandise sold 21,752,69
Administrative, accounting and
disbursing office expense
2 1/8$ of merchandise sold 21,752,69
Total Operating Expense
Net Profit
Gross Profit
Operating Ex
pense
Net Profit
09,842$
37.500$
02.342$
Net Profit 509*41
Amount set aside for
Stock Dividend 1.25
S08,16~
1,087.6*
543.81
1,651,44
509.41