Oregon daily emerald. (Eugene, Or.) 1920-2012, April 18, 1988, Page 16, Image 16

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    ■U 0-Bookstore=
University of Oregon Bookstore
Annual Report to the Members
I/O Bookstore Members include all students, faculty, and classified staff of the University of Oregon.
The U of 0 Bookstore
NON-PROFIT Corporation
As a non-profit corporation, the UO Bookstore returns any financial success to vou. the
member. Over $475,000 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.
74.7 %
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.
Salaries and Wages
The UO Bookstore employs about 120 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
i
Revenue Disposition—Year ending June ou, iUob
How Revenue was Spent
Cost of Merchandise Sold $6,467,970
Salaries & Wages 1,110,012
Depreciation 103,396
Other Operating Expenses 736,774
Interest Expense 36,550
Total Cost & Expenses 38,454,702
Sources of Revenue
Merchandise Sales $8,598,850
Interest Income 24,099
Miscellaneous Income 92’987
Total Income $8,715,936
|INCOME Minus EXPENSES $26T234l
Your store since 1920