. rent $36,000 Phone and utilities 14, 400 Assistants’ salaries 40 ,000 Interest on the loan 6,000 (15% on $40 ,000) Total $96 ,40 0 Kim: We also have to consider. $720,000 Less cost of goods sold 48 0,000 Gross profit 240 ,000 Less expenses Salaries $ 40 ,000 Rent 36,000 Phone and utilities 14, 400 Depreciation 3,600 Interest
. 6 ,41 4 $ 9,928 $10,937 Investment income 703 1,963 3,338 Income before income taxes 7,117 11,891 14, 275 Income taxes 2,627 4, 106 4, 8 54 Net income $ 4, 490. $19, 747 $22,956 Cost of revenue 2 ,46 0 2,8 14 3,002 Research and development 2,601 2,970 3,775 Other expenses 3,787 4, 035 5, 242 Total expenses $ 8, 848 $
. $ 24. 5 million gain in 1997, when it also had a restructuring charge of $44 .1 million. Also, an asset write-down of $ 34. 1 million partially offset a $48 .6. settlements, net 2,000 (48 ,600) — Asset write-down 8,500 34, 100 9,700 Restructuring 44 ,100 3,200 — Gains from sale of product lines and other ( 24, 500) — — Acquired
. (left axis) Total value (right axis) 0 2,000 4, 000 6,000 8,000 10,000 12,000 0 200 40 0 600 800 1,000 1,200 1 ,40 0 1,600 EXHIBIT 17.2 A decade of megadeals. (see p. 5 64) . Because the combined entity would be the world’s largest airline and have a dominant market share in the United States, the Justice Department
. environment at NCR, and by 19 94, only 5 of 33 top NCR managers remained with the company. Disaster Deal No. 2 Throughout 19 94, Quaker Oats Co. was rumored. Mercedes-Benz’s part. ”* The stock market agreed as the two companies’ shares rose by a combined $8.6 bil- lion at the announcement. A 6 .4% increase in Daimler-Benz’s