Company A= furniture maker. In 2009:
sales=800
general expenses related to business=200
compensation of employees=100
additions to inventory=1000, withdrawal of inventory=900 (change in inventory= between end and beginning= +100)
Of the 800 in sales, 100 of that was produced by A in 2008, the rest in 2009. Don't think that is relevant.
So is net income, just for general purposes=800-200-100+100=600?
sales=800
general expenses related to business=200
compensation of employees=100
additions to inventory=1000, withdrawal of inventory=900 (change in inventory= between end and beginning= +100)
Of the 800 in sales, 100 of that was produced by A in 2008, the rest in 2009. Don't think that is relevant.
So is net income, just for general purposes=800-200-100+100=600?