[D9201AAE1], Report from Dick (A.B.) Co, April 30th, 1892
https://edisondigital.rutgers.edu/document/D9201AAE1
Transcription
Statement of the business of the A. B. Dick Company for the year ending April 30th, 1898. Sales of Mdse. for the year, $214,455.11 Less Mdse. returned, $2,663.75 Less allowances in settlements, 869.06 3,532.81 Net amount Mdse. sold 210,922.30 CONTRA. Cost of Mdse. sold and on hand including Labor and Material 102,777.27 Less inventory of stock on hand, 23,743.34 Actual SHOP COST of Mdse. sold, 79,033.93 Add Royalties paid on same, 6,091.52 Total cost of Mdse. sold, 85,125.45 Less Cash discount on material purchased, 1,106.50 Net cost of Mdse. sold, 84,018.95 GROSS PROFIT for the year, 126,903.35 GENERAL EXPENSES Salary account, 18,638.23 Expense account proper, 11,584.10 Advertising account 8,422.94 New York Expense account, 10,040.18 Philadelphia Expense account 6,872.78 Collection Expense account 50.84 Interest & Exchange account 69.83 Commission Account, 667.37 Total General Expense, 56,346.27 ACTUAL PROFIT on Mdse. sold, 70,557.08 EXTRAORDINARY EXPENSE. Patent Litigation Expense, 9,292.68 Accounts charged to Profit and Loss for the year, 480.34 9,773.02 60,784.06 Add amount royalties received from Licensees, 1,312.16 ACTUAL NET GAIN for the year, 62,096.22 Add undivided profits in surplus account, 24,867.08 Total undivided profits April 30th, 1892, 86,963.30 Statement of Assets and Liabilities of A. B. Dick Company, April 30th, 1892. ASSETS. Cash on hand, $ 13,630.49 Accounts and Bills Receivable, 45,184.74 Mdse. on hand as per Inventory, 23,743.34. Office Fixtures at Chicago, New York and Philadelphia, 2,596.41 Gilliland Electric Co. Stock, 60,000.00 Pomeroy Duplicator Stock, 500.00 World's Columbian Expo. Stock, 500.00 Patents and Contract account, 106,000.00 Total Assets. $ 252,154.98 LIABILITIES Accounts we owe, 11,191.68 Bills payable, 4,000.00 Capital Stock, 150,000.00 Undivided Profits in Surplus account, 24,867.08 Undivided Profits earned in year ending April 30th, 1892, 62,096.22 Total Liabilities. 252,154.98 Comparative Statement of Sales for the years ending April 30th, 1889, 1890, 1891, 1892. Total net sales for year ending April 30th, 1889, $ 79,422.28 Total net sales for year ending April 30th, 1890, 113,103.45 Total net sales for year ending April 30th, 1891, 152,817.91 Total net sales for year ending April 30th, 1892, 210,922.30 Comparative Statement of Net Profits for the years ending April 30th, 1889, 1890, 1891, 1892. Total net profits for year ending April 30th, 1889, 11,608.12 Total net profits for year ending April 30th, 1890, 23,239.85 Total net profits for year ending April 30th, 1891, 30,212.01 Total net profits for year ending April 30th, 1892, 62,096.22