Income Statements – Margin, Operating Profits, Etc.

After the First Year of Saucing

Roll the clock forward so a tree grows another ring. The first year goes gangbusters for The Sauce Company. The company was able to lease a bottling facility, which they came to call their own. Reid, through his contacts in the banking industry, helped A and B secure trade credit. The various supplies—oils, onions, garlic, brown sugar, and a secret greenish powder—are all kept under tight lock and key. The packaging is approved by Bubbie—it's a 10-year-old pict...