Epstein File EFTA02708042: Payroll and Yacht (DS11)

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Epstein File EFTA02708042: Payroll and Yacht (DS11)

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Email dated February 26, 2013 from Harry to Jeffrey regarding American Yacht Harbor (AYH) financial analysis, including attached payroll sheet documenting three employees with total budgeted 2013 base wage payroll of $158,114. The document provides comparative financial analysis of management fees, payroll costs, gross revenues, and gross profit margins for the yacht operation.

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payroll yacht

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Excerpt 1

Also, on the attached **payroll** sheet there are 3 employees with a total of $158,114 in budgeted 2013 base wage **payroll**.

Excerpt 2

If you add the **payroll** cost the management fees compared to the gross profit you get the following: Year Management **Payroll** Management Gross Gross @% of

Excerpt 3

fees and costs Fees plus Revenues profit fees and leasing fees (b) **payroll** costs (d) (e) **payroll** (a) (c)=(a) + (b) cost to gross profit (f) = (c)/(e)