{"id":19,"date":"2022-04-05T04:21:32","date_gmt":"2022-04-05T04:21:32","guid":{"rendered":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/?page_id=19"},"modified":"2022-04-05T11:06:40","modified_gmt":"2022-04-05T11:06:40","slug":"income-statements","status":"publish","type":"page","link":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/income-statements\/","title":{"rendered":"Income Statements"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\">                                                Hairsential<br>                                         Income Statement<br>                             For the Year Ended Dec. 31, 2020<br>                                                              2020              2019              2018<br>Sales                                               $125,000.00 $110,000.00 $93,000.00<br>Cost of Goods Sold                      $42,000.00 $37,500.00 $35,500.00<br>Gross Profit                                   $83,000.00 $72,500.00 $57,500.00<br>Selling and G&amp;A Expenses         $7,000.00 $6,600.00 $6,300.00<br>Fixed Expenses                            $1,550.00 $1,480.00 $1,470.00<br>Depreciation Expenses               $680.00 $600.00 $540.00<br>EBIT                                               $73,770.00 $63,820.00 $49,190.00<br>Interest Expense                          $3,200.00 $3,050.00 $2,100.00<br>Earnings Before Taxes                $70,570.00 $60,770.00 $47,090.00<br>Taxes                                             $24,699.50 $21,269.50 $16,481.50<br>Net Income                                   $45,870.50 $39,500.50 $30,608.50<br>Less Common Stock Dividends $12,000.00 $11,500.00 $11,300.00<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Retained Earnings                        $33,870.50 $28,000.50 $19,308.50<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Note:<br>Tax Rate 35%<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-content\/uploads\/2022\/04\/image-6.png\" alt=\"\" class=\"wp-image-103\" width=\"542\" height=\"325\" srcset=\"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-content\/uploads\/2022\/04\/image-6.png 724w, https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-content\/uploads\/2022\/04\/image-6-300x180.png 300w\" sizes=\"auto, (max-width: 542px) 100vw, 542px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Hairsential Income Statement For the Year Ended Dec. 31, 2020 2020 2019 2018Sales $125,000.00 $110,000.00 $93,000.00Cost of Goods Sold $42,000.00 $37,500.00 $35,500.00Gross Profit $83,000.00 $72,500.00 $57,500.00Selling and G&amp;A Expenses $7,000.00 $6,600.00 $6,300.00Fixed Expenses $1,550.00 $1,480.00 $1,470.00Depreciation Expenses $680.00 $600.00 $540.00EBIT $73,770.00 $63,820.00 $49,190.00Interest Expense $3,200.00&nbsp;<a class=\"read-more\" href=\"https:\/\/hairsential.ewong.lmu.build\/hairsential\/income-statements\/\">&hellip;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-19","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/pages\/19","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":5,"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/pages\/19\/revisions"}],"predecessor-version":[{"id":108,"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/pages\/19\/revisions\/108"}],"wp:attachment":[{"href":"https:\/\/hairsential.ewong.lmu.build\/hairsential\/wp-json\/wp\/v2\/media?parent=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}