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Chapter 3 Income Statement Estimation

Section 1 Preparation of Income Statement

To prepare an estimated profit and loss statement, benchmark the financial ratio infor
mation of eBay Korea, a similar company.

It was estimated by marking .
In 2019, eBay Korea's sales were KRW 981.1 billion , and cost of sales was KRW

526.9 billion .
Gross profit was KRW 454.2 billion , and SG&A expenses were KRW 405.6 billion . A

nd operating profit is 48.5 billion won , net profit before corporate tax is 68.4 billion wo 13)
n , and net profit for the period is 36.9 billion won .

< Table 3-1> Checklist for application of patented invention

( Unit : Won , %)

subject amount importance
sales amount 981,150,969,118 100%

Cost of goods sold 526,925,867,891 53.7%
gross profit 454,225,101,227 46.3%

Selling and administrative expenses 405,653,987,598 41.3%

operating profit 48,571,113,629 5.0%

non-operating income 23,810,496,221 2.4%

non-operating expenses 3,978,452,944 0.4%

Net profit before corporate tax 68,403,156,906 7.0%

corporate tax 31,486,741,389 3.2%

Net Income 36,916,415,517 3.8%

Source : Financial Supervisory Service , Electronic Disclosure System , “ EBay Korea , http://dart.fss.or.kr.

Giga Korea Co., Ltd. for the 5th year of commercialization according to the proportion

of account items in eBay Korea's 2019 income statement is as follows .

QR
13) Financial Supervisory Service , Electronic Disclosure System , “ EBay Korea , http://dart.fss.or.kr.

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