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TRENDS DURING 2020 <br />•Sales Increase of 13.8% <br />Closing or reduced hours of bars and restaurants. <br />•Net Profit Increase of 57.6% <br />Pandemic buying, large quantities and higher  <br />quality/price items. <br />•Salaries/Wages/Benefits Increase of 2.6% <br />Increased sales and profits within our current capacity. <br />•Total  Operating Expense Increase of 9% <br />Costs associated with pandemic safety measures. <br />SALES AND PROFIT COMPARISON 2020-2019 <br />Year  to Date 12/31/20 12/31/19 <br />Increase <br />(Decrease) <br />Sales $7,015,974 $6,160,867 $855,107 <br />Less: Purchases/Cost of Goods Sold $5,252,004 $4,614,845 $637,159 <br />Gross Profit $1,763,970 $1,546,022 $217,948 <br />Operating Expense: <br />Salaries, Wages, & <br />Benefits <br />$837,810 $816,290 21,520 <br />All Other Expenses $497,166 $455,440 $41,726 <br />Total Operating Expense $1,334,977 $1,271,730 $63,246 <br />Profit from Operations $428,992 $274,291 $154,701 <br />Non/Operating <br />Revenue/Expenditures <br />$1,135 ($1,416)$2,551 <br />Net Income $430,128 $272,875 $157,253 <br />18