Financial Management

Micro Chip  Computer  Corporation   Consolidated  Statements of  Operations  For the  period  September  26, 2007  through   September  25, 2008     Sales    $8,334.00   Cost of  Sales    $5,458.00   Gross Margin    $2,876.00   Operating  expenses:    R &  D   $525.00   Selling, General,  and  Administrative   $691.00    In‐process  R  &  D   ‐‐‐‐‐‐‐‐‐   Restructuring  costs    ‐‐‐‐‐‐‐‐‐   Total Operating  Exp    $1,216.00    Operating  income    $1,660.00    Total interest  and  other   Income  net    $194.00    Income before  provision   for  Income  taxes    $1,854.00    Provision for  income   Taxes  (15%)    $278.10    Net income    $1,575.90