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CALCULATING COMPONENT PERCENTAGES

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Presentation on theme: "CALCULATING COMPONENT PERCENTAGES"— Presentation transcript:

1 CALCULATING COMPONENT PERCENTAGES
Total Operating Expenses Expense Percentage Net Sales = $774,631.16 = or 37.9% $293,792.48 Net Income Before Federal Income Tax Total Net Income Before Federal Income Tax Percentage Net Sales = $774,631.16 = or 8.8% $67,960.27 Federal Income Tax Tax Percentage Net Sales = $774,631.16 = or 1.5% $11,990.07 Net Income After Federal Income Tax Net Income After Federal Income Tax Percentage Net Sales = $774,631.16 = or 7.2% $55,970.20 Lesson 4-3, page 115

2 TERMS REVIEW income statement statement of stockholders’ equity
capital stock retained earnings dividends balance sheet Lesson 4-3, page 118

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