Co-op Audit Shows Finances of Store in Good Condition
نویسندگان
چکیده
Approximately eight thousand dolla rs lias been accumula ted toward the bui ld ing of a s tuden t co-operative S t o r e ito.ee Its Inception. According to the audi ted repor t , the present net worth of the Co Op agg r e g a t e $23 864.50, as follows: Cash, $8,81)7.7?); m e f e h a n d U e Inventory, $14,270.08; accounts receivable, $140.20; fu rn i tu re and fixtures, »!,• 547,58. The net income for the year end ' t ig J u n e SO, 18211. was $1,752,57. A ce r ta in amount of the earnings a r e put on a Havings account each year , and added to t he but ding fund. Th i s fund Is held in the name of the s t uden t s of l t ice Ins t i tu te , as the Coo p Is a s tudent en te rpr i se .
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