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ST. ANTHONY MUNICIPAL LIQUOR STORES
<br />SUMMARY OF ON AND OFF SALES
<br />YEAR TO MARCH 31, 1971
<br />COMBINED
<br />YEAR To
<br />YEAR TO
<br />INCREASE
<br />ON SALE
<br />DATE 1971
<br />DATE 1970
<br />DECREASE*
<br />NET SALES
<br />112,963.94
<br />120,540.70
<br />7,576.76*
<br />COST OF GOODS SOLD
<br />34,276.11
<br />37,985.81
<br />3,709.70*
<br />GROSS PROFIT FROM SALES
<br />78,687.83
<br />82,554.89
<br />3,867.06*
<br />RATIO TO NET SALES
<br />69.66%
<br />68.48%
<br />1.18%
<br />OPERATING EXPENSE:
<br />SALARIES & WAGES
<br />40,818.91
<br />38,366.90
<br />2,452.01
<br />ALL OTHER EXPENSE
<br />12,626.32
<br />11,3o6.37
<br />1,319.95
<br />TOTAL OPERATING EXPENSE
<br />53,445.23
<br />49,673.27
<br />3,771.96
<br />RATIO TO NET SALES
<br />47.31%
<br />41.21%
<br />6.10%
<br />PROFIT FROM OPERATIONS
<br />25,242.60
<br />32,881.62
<br />7,639.02*
<br />OTHER INCOME — NET
<br />2,277.66
<br />1,257.94
<br />1,019.72
<br />NET INCOME
<br />27,520.26
<br />34,139.56
<br />6,619.30*
<br />RATIO TO NET SALES
<br />24.36%
<br />28.08%
<br />3.72%*
<br />OFF SALE
<br />NET SALES
<br />303,931.53
<br />298,964.81
<br />4,966.72
<br />COST OF G000s SOLD
<br />225,479.72
<br />241,992.03
<br />16,512.31*
<br />GROSS PROFIT FROM SALES
<br />78,451.81
<br />56,972.78
<br />21,479.03
<br />RATIO TO NET SALES
<br />25.81%
<br />19.06%
<br />6.75%
<br />OPERATING EXPENSE:
<br />SALARIES & WAGES
<br />30,41o.o6
<br />27,157.31
<br />3,252.75
<br />ALL OTHER EXPENSE
<br />11,554.39
<br />11,195.96
<br />358.43
<br />TOTAL OPERATING EXPENSE
<br />41,964.45
<br />38,353.27
<br />3,611.18
<br />RATIO TO NET SALES
<br />13.81%
<br />12.83%
<br />.98%
<br />PROFIT FROM OPERATIONS
<br />36,487.36
<br />18,619.51
<br />17,867.85
<br />OTHER INCOME - NET
<br />4,497.33
<br />3,136.83
<br />1,360.50
<br />NET INCOME
<br />40,984.69
<br />21,756.34
<br />19,228.35
<br />RATIO TO NET SALES
<br />13.48%
<br />7.28%
<br />6.20%
<br />
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