The document shows financial performance metrics for years 2017 through 2021, including sales, costs, gross profit, expenses, EBIT, EBT, taxes, and net profit. Sales were $1 million in 2021 and 2020 but higher in prior years. Cost of goods sold decreased from 2020 to 2021. Expenses increased in some years but decreased in others. EBIT and EBT were positive in most years but negative in 2018. Tax rates were 40% with net profit varying between $67,500-$132,000 over the years depending on sales and costs.
The document shows financial performance metrics for years 2017 through 2021, including sales, costs, gross profit, expenses, EBIT, EBT, taxes, and net profit. Sales were $1 million in 2021 and 2020 but higher in prior years. Cost of goods sold decreased from 2020 to 2021. Expenses increased in some years but decreased in others. EBIT and EBT were positive in most years but negative in 2018. Tax rates were 40% with net profit varying between $67,500-$132,000 over the years depending on sales and costs.
The document shows financial performance metrics for years 2017 through 2021, including sales, costs, gross profit, expenses, EBIT, EBT, taxes, and net profit. Sales were $1 million in 2021 and 2020 but higher in prior years. Cost of goods sold decreased from 2020 to 2021. Expenses increased in some years but decreased in others. EBIT and EBT were positive in most years but negative in 2018. Tax rates were 40% with net profit varying between $67,500-$132,000 over the years depending on sales and costs.