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Re: RookieStockPicker post# 15892

Thursday, 06/18/2015 7:49:11 PM

Thursday, June 18, 2015 7:49:11 PM

Post# of 56636
That dosn't mean squat.. UNAUDITED FINANCIALS.If you go by anything try the net profit.Dosn't look so good now. Also look at the general and administrative Wages and Salaries $304,869 geez that's alot. 471,761 gross wheres the product besides Amazon. How many employees do they have?


Gross
revenues
$471,761
Costs and expenses
Cost of Goods Sold
48,684
Gross Profit
423,067
Expenses
General and administrative
244,369
Wages and
Salaries
60,500
Total
Expenses
304,869
Net Income
(before taxes)
$118,198
Provision for Income Taxes
6,200
Net Income
$111,998