12 



BULLETIN 381, U. S. DEPAETMENT OF AGEICULTUEE. 



PART II.— INCOME SHEET— Continued. 



Forn 7.— MANAGER'S REPORT— Continued . 



B. — Profit and Loss Statement. 



PROFITS: 

















37 



Gross Trading Profit 





13,130 



00 









38 



Merchandise Discount 





790 



00 









39 



Interest Received 





187 



00 









40 

 3; 



Unclassified Income 





175 



00 



14,282 



00 



LOSSE 









Buy 



ingi 



- 

 md Selling Expense: 















41 



Salaries & Wages 



4,110.00 













42 



Advertising & "Wages 



150.00 













43 



Delivery 



135. 00 













44 

 ager 



Miscellaneous 

 lent Expense: 



60.00 



4,455 



00 







Mar 









45 

 46 



Management & Office Salaries 

 Office Expense 



1,440.00 

 147. 00 













47 

 dC! 



Premiums on Surety Bonds 

 larges and Upkeep: 



50.00 



1,637 



00 







Fix( 









48 



Rent, Insurance & Taxes 



1,290.00 













49 



Light, Heat, Water & Power 



173. 00 













50 



Depreciation on Furniture & Fixtures 



155. 00 













51 



Repairs 



160. 00 













52 

 ellai 



Telephone 

 eous Expense: 



50.00 



1,828 



00 







Mis( 









53 



Interest on Notes 



90.00 













54 

 55 



Bad Debts 



Total Operating Expense 



200.00 



290 



00 











8,210 



00 







56 



57 



58 



Unclassified Losses 



Total Losses 



Net Profit for the year, carried to Surplus 



Notes: 





40 



00 













8,25000 





6,032,00 













Buying & Selling Expense 

 Management Expense 

 Fixed Charges & Upkeep 

 Miscellaneous Expense 



5.9% of Sales 



2.2% of Sales 



2.4% of Sales 



.4% of Sales 















Total Expenses 



10.9% of Sales 











i 



