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Presentation made for SIFE competition on March 2010
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Competition Power Point
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Valley College: Students In Free Enterprise
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A-Day Income Statement
For the Year Ended December 31, 2009 Sales Food Tent $ 44,707.97 Snack Tent $ 3,786.00 Funnel Cake $ 3,922.49 Del Val Creamery $ 16,712.41 Amusements $ 45,000.00 Total Sales: $ 114,128.87 Cost of Goods Sold: Food $ 9,601.52 Funnel Cake $ 693.06 Beverage $ 2,704.00 Packaging $ 2,610.25 Condiments $ 1,601.95 Del Val Creamery $ 4,305.00 Total Cost of Goods Sold: $ 21,515.78 Gross Profit $ 92,613.09 Expenses: Selling Expenses: Advertising $ 2,000.00 Administrative Expenses: Entertainment $ 5,000.00 Amusements $ 20,000.00 Misc Expenses: Rags & Aprons $ 676.00 Food Voucher $ 1,064.50 Total Expenses $ 28,740.50 Net Income: $ 63,872.59
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Thank You for
your time and we welcome any questions
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