Here is an example of a quarterly P&L
Revenue: $170,946
Cost of Goods Sold(COGS)$88,244
Gross Margin:$88702
Gross percent: 52%
Operating Expense $21,946
Operating Income:$67,106
Taxes: $9927
Depreciation: $1025
Total Expenses: $114,692
Net Profit: $56,254
Profit percent: 33%
This is a synopsis of a company that I worked for many years ago. A short example of where the profit goes. Unfortunately most people never look at a companies P&L statement and only look at the Revenue at the top.
Revenue: $170,946
Cost of Goods Sold(COGS)$88,244
Gross Margin:$88702
Gross percent: 52%
Operating Expense $21,946
Operating Income:$67,106
Taxes: $9927
Depreciation: $1025
Total Expenses: $114,692
Net Profit: $56,254
Profit percent: 33%
This is a synopsis of a company that I worked for many years ago. A short example of where the profit goes. Unfortunately most people never look at a companies P&L statement and only look at the Revenue at the top.