11. Finance Comprehension
The below information is taken from the financial report of a company with its year ended on 31st December 2019
Income statement for the year ended 31 December 2019
Sales revenue
Cost of sales
Distribution costs
Administrative expenses
Net interest paid
Taxation
Dividends
'000
10,000
(8,500)
(300)
(200)
(150)
(500
(100)
1. The Gross Profit ?
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Step-by-step explanation:
Consolidated income statement for the year ended 30 September 2008...Revenue ( 85,000+(42,000×6/12) -- 8,000 intra-group sales) ...Income tax expense (4,700 +(1,400 ×6/12))
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