[D0327AAC], Letter from Alphons Westee to William Edgar Gilmore, February 19th, 1903
https://edisondigital.rutgers.edu/document/D0327AAC
Transcription
Orange, N.J. Feb. 19, 1903
W.E. Gilmore, Esq., Gen. Mgr.,
Orange, N.J.
Dear Sir:
I give you below an extract from our Profit & Loss sheet for year ending February 28th 1902:
Total Sales $665,355.51
Cost of Sales, Plus General Expense, 559.255.83
Gross Profits, $66,099.08
From which we deduct the following:
Bad Debts $30.03
Bond Interest, 15,000.00 15,030.03
51,069.65
We invested during the year in Real Estate and Buildings
Furniture & Fixtures and Machinery & Tools, $8,812.28
We paid out in Dividends 22,275.60
Making a total of, 34,087.88
Leaving a surplus of, $16,981.77
Yours very truly,
A. Westee
Auditor