Annual Report. Krispy Kreme Quintina R. Walker ACG2021-080. Executive Summary.
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Quintina R. Walker
The gross profit showed a healthy increase from 2003 to 2004. Income from operations nearly doubled during this period. Net income also increased substantially.
Assets = Liabilities + Owner’s Equity
2003 410.5 = 137.1 + 273.4
2004 660.6 = 208.5 + 452.2
Generally, all of the accounts increased from 2003 to 2004. Assets, Liabilities, and Owner’s equity all averaged about a 60 percent increase.