Wsc from a manufacturer in china

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In 2015, Boston Snow Care, a hardware retail company, sold 4,000 units of a snow blower at an average price of $400 per unit. There were no returns and allowances in 2015, i.e all sales were final. Each snow blower was purchased by WSC from a manufacturer in china at $250/unit. Operating expenses (including depreciation) for BSC in 2015 were $400,000. BSC made an interest payment of $100,000 to the bank. Finally BSC's tax rate was 25%.

Net Sales

cost of goods sold

Gross profit

Operating expenses (incl. depreciation)

Operating income

Interest expense

EBT

Taxes

Net income _____________

 

Reference no: EM131952340

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