Acc/492 Comparison of Revenues and Expenses of Apollo for 2007 and 2006
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- Date Submitted: 04/11/2011 07:07 AM
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Comparison of Revenues and Expenses of Apollo for 2007 and 2006
Tittle of account 2006 2007 Difference % change
Sales 246,172,918 245,213,453 (959,466) (0.004)
Sales Returns (4,497,583) (13,600,221) (9,102,638) 2.024
Warranty Expense (1,100,281) (1,158,128) (57,847) 0.053
Net Sales 240,575,054 230,455,104 (10,119,950) (0.042)
less: cost of goods sold $141,569,222 $130,246,645 (11,322,576) (0.080)
Gross profit $99,005,832.15 $100,208,458. 261,202,626 0.012
less: Operating expenses
Freight $4,302,951.46 $4,236,263.09 (66,688) (0.015)
Advertising Expense $897,140 $986,854 89,714 0.100
Auto Expenses $208,974 $214,503 5,528 0.026
Research and Development $31,212,334 $212,864 (30,999,470) (0.993)
Depreciation Expense $133,000 $446,000 313,000 2.353
Warehouse Salaries $4,633,384 $4,720,716 87,332 0.019
Property Tax Expense $80,495 $84,332 3,837 0.048
Legal and Professional Expense $3,605,134 $1,902,224 (1,702,910)...
Tittle of account 2006 2007 Difference % change
Sales 246,172,918 245,213,453 (959,466) (0.004)
Sales Returns (4,497,583) (13,600,221) (9,102,638) 2.024
Warranty Expense (1,100,281) (1,158,128) (57,847) 0.053
Net Sales 240,575,054 230,455,104 (10,119,950) (0.042)
less: cost of goods sold $141,569,222 $130,246,645 (11,322,576) (0.080)
Gross profit $99,005,832.15 $100,208,458. 261,202,626 0.012
less: Operating expenses
Freight $4,302,951.46 $4,236,263.09 (66,688) (0.015)
Advertising Expense $897,140 $986,854 89,714 0.100
Auto Expenses $208,974 $214,503 5,528 0.026
Research and Development $31,212,334 $212,864 (30,999,470) (0.993)
Depreciation Expense $133,000 $446,000 313,000 2.353
Warehouse Salaries $4,633,384 $4,720,716 87,332 0.019
Property Tax Expense $80,495 $84,332 3,837 0.048
Legal and Professional Expense $3,605,134 $1,902,224 (1,702,910)...