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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?


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The status of an individual's health as it relates to the intake and utilization of nutrients, which can affect overall health and disease susceptibility.

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The sequence through which assorted life forms are speculated to have evolved and expanded from former states during the historical timeline of the planet.

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A hormone produced by the pancreas that regulates blood glucose levels by facilitating the uptake of glucose into tissues.

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