Pacific Historical Income Statement

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Balance Sheet Statement Details

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At this time, Pacific Imperial's Selling General Administrative is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 74.7 K in 2024, whereas Gross Profit is likely to drop (355.00) in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Pacific Imperial Mines minus its cost of goods sold. It is profit before Pacific Imperial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Pacific Imperial Mines operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Pacific Imperial Mines is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Pacific Imperial Mines. It is also known as Pacific Imperial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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Pacific Imperial income statement Accounts

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