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Exhibit 10 BMC CORPORATION BAIANCE SHEET
FISCAL YEAR ENDING 12/31/2004
(DOLIARS IN

question 71

Multiple Choice

Exhibit 10.1
Use the Information Below for the Following Problem(S)
BMC CORPORATION INCOME STATEMENT
FISCAL YEAR ENDING 12/31/2004
(DOLLARS IN THOUSANDS)
 Net Sales $1025 Cost of Goods Sold 682 Gross Profit Margin 343 Depreciation 31 Operating Expense 103 Administrative Expense 127 Operating Profit 82 Interest 27 Profit Before Tax 55 Taxes 17 Net Income $38\begin{array}{l}\text { Net Sales } &&&&&&&&&&&&& \$ 1025 \\\text { Cost of Goods Sold } &&&&&&&&&&&&& \underline{682} \\\text { Gross Profit Margin } &&&&&&&&&&&&& 343 \\\text { Depreciation } &&&&&&&&&&&&& 31 \\\text { Operating Expense } &&&&&&&&&&&&& 103 \\\text { Administrative Expense } &&&&&&&&&&&&& \underline{127} \\\text { Operating Profit } &&&&&&&&&&&&& 82 \\\text { Interest } &&&&&&&&&&&&& \underline{27} \\\text { Profit Before Tax } &&&&&&&&&&&&& 55 \\\text { Taxes } &&&&&&&&&&&&& \underline{17} \\\text { Net Income } &&&&&&&&&&&&& \$ 38\end{array}
BMC CORPORATION BAIANCE SHEET
FISCAL YEAR ENDING 12/31/2004
(DOLIARS IN THOUSANDS)

AssetsCashAcctsrecInventoryTtl cur asstsNet fixed assetsTotal assets$61286354701802$1503LiabilitiesNotes payableAccounts payableAccrualsTotal current liabilitiesLong term debtCommon stock ($1.50 par) Paid in surplusRetained earningsTotal liabilities andStockholders’ equity$22315232407306102226462$1503\begin{array}{lrlr}\begin{array}{c}Assets\\Cash\\Accts rec\\Inventory\\\text{Ttl cur assts}\\\text{Net fixed assets}\\\\\\\\\\\text{Total assets}\\\\\end{array}\begin{array}{c}\$61\\286\\354\\\hline701\\ 802\\\hline\\\\\\\\\$ 1503\\\end{array}\begin{array}{c}Liabilities\\\text{Notes payable}\\\text{Accounts payable}\\Accruals\\\text{Total current liabilities}\\\text{Long term debt}\\\text{Common stock (\$1.50 par) }\\\text{Paid in surplus}\\\text{Retained earnings}\\\text{Total liabilities and}\\\text{Stockholders' equity}\\\\\end{array}\begin{array}{c}\$ 223 \\152 \\32 \\\hline 407\\306 \\102 \\226 \\462 \\\hline\\\$ 1503\end{array}\end{array}
-Refer to Exhibit 10.1.What was BMC'S net profit margin?


Definitions:

Thenar Eminence

The muscular bulge on the palm of the hand at the base of the thumb, composed of short muscles that control thumb movements.

Cubital Fossa

The cubital fossa is the triangular area on the anterior aspect of the human arm immediately distal to the elbow; it is bordered by the brachioradialis, pronator teres muscles, and the imaginary line connecting the epicondyles of the humerus.

Temporomandibular Joint

The hinge joint connecting the lower jaw to the temporal bone of the skull, enabling movements required for chewing and speaking.

Palpated

The act of examining a part of the body by touch, especially for medical purposes to detect abnormalities.

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