| Net sales | $4,000 Don't use plagiarized sources. Get Your Custom Essay on margin calculations use the following income statement for mcgwire sosa lumber co to 553658 For $10/Page 0nly |
| Cost of goods sold | -3,200 |
| Gross profit | $800 |
| Operating expenses | -200 |
| Operating income | $600 |
| Other income | 40 |
| Net interest expense | -60 |
| Pretax income | $580 |
| Income tax | 232 |
| Net income | $348 |
| Earnings per share | $1.74 |
| Recent price | $38.28 |
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