Page 7 - Ginefsaga Annual Report 2020
P. 7
Financials
Ginefsaga's finance department was responsible for tracking, recording, and managing the
monetary exchanges of the company while also ensuring that resources were spent in both a
responsible yet effective manner. The department was also responsible for crafting,
coordinating, and implementing strategies to meet the financial goals of the company. Finally,
the department maintained company-consumer relationships.
The total amount of revenue generated by the sales of our decorative wood pieces amounted
to $2310.99. WIth our total expenses being at $1442.26, we earned a net profit of $868.73. When
company operations commended, a total of $220 in capital stock was raised from 44 shares
sold at $5.00 each. After liquidation, the book value of Ginefsaga's stock is now $24.74.
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