Oregon daily emerald. (Eugene, Or.) 1920-2012, April 14, 1987, Page 4, Image 4

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    DO Bookstore,
University of Oregon Bookstore
Annual Report to the Members
UO Bookstore Members include all students, faculty, and classified staff of the University of Oregon.
The U of O Bookstore
_NON-PROFITCorporation
As a non-profit corporation, the UO Bookstore returns any financial success to you, the
member. Over $400,000 was returned last year directly to the membership through the 11 %
Coursebook and General Book Discount. Only 15 of the 2,700 college bookstores nationwide
offer a discount on texts, and the UO Bookstore is among the top 5 in the nation in dollar
discount returned to students. Everyday low prices, special sales, and improved service help
you to save more money.
Elected Board of Directors
Elected by UO students, faculty, and classified staff; the Board of Directors ensures
that the Bookstore services the needs of its members. The Board’s goals are to provide the
best possible merchandise at the best possible price, giving highest priority to academic
supplies. The Board of Directors guides the Bookstore in major decisions for the future and
gives direction to the Bookstore’s intents and purposes.
Financial Analysis
74.7 %
—-Theft 1.4 %
13.0 %
8.0 %
4.3 %
Cost of Merchandise
The largest percentage of your dollar goes to the cost of mer
chandise. Our 11 % Book Discount reflects our efforts to pro
vide you with the lowest prices possible.
(Customer theft costs you $80,000 a year in loss of merchan
dise, or $4.25 for each member.)
Salaries and Wages
The UO Bookstore employs about 100 people, and we give
students priority in hiring.
Other Expenses
The Bookstore has bills to pay: rent, utilities, phone, postage,
repairs, and maintenance.
Net Earnings
The net earnings are returned to you—our Members. You save
money with
• Everyday low discount prices
• 11 % Book Discount
• Special sales & bi-annual storewide 20 % off sale
Revenue Disposition—Year Ending June 30,1986
How Revenue was Spent
Cost of Merchandise Sold $5,781,624
Salaries & Wages 1,004,409
Depreciation 95,410
Other Operating Expenses 58M14
Interest Expense 49,542
' otal Cost & Expenses $7,512,399
Sources of Revenue
Merchandise Sales $7,735,847
Interest Income 35 947
Miscellaneous Income 72^490
Total Income $7,844,284
INCOME Minus EXPENSES $331,885
Your store since 1920
I 13th & Kincaid
I 11 J M F 7 30-5 30
vf W SAT 10:00-4:00
BOOKSTORE 686-4331