Page 1 - A Level Business Studies - Financial Analysis Tasks

Task 1.a

INCOME STATEMENT FOR ABC COMPANY LTD Complete ABC Company Ltd's Income
YEAR ENDED 31 DECEMBER 20XX Statement based on the following
£ information;

SALES REVENUE Sales Revenue; £1,200,000
Cost of Sales
Cost of Sales; £700,000
GROSS PROFIT
Operating Expenses Operating Expenses; £200,000
OPERATING PROFIT
Other Expenses; £100,000
Other Expenses
PROFIT BEFORE TAX Tax; £40,000

Tax on profit Dividends to Shareholders; £140,000
PROFIT FOR THE YEAR
Dividends paid

RETAINED PROFIT AT 31 DECEMBER

Task 1.b

INCOME STATEMENT FOR GREEN LTD Complete Green Ltd's Income
YEAR ENDED 31 DECEMBER 20XX Statement based on the following
information;
£

SALES REVENUE Dividends paid to shareholders;
£40,000
Cost of Sales

GROSS PROFIT Turnover; £345,789
Operating Expenses
Other Expenses; £32,679
OPERATING PROFIT
Other Expenses Cost of Sales; £187,567

PROFIT BEFORE TAX
Tax on Profit; £11,617
Tax on profit
PROFIT FOR THE YEAR Operating Expenses; £67,456

Dividends paid
RETAINED PROFIT AT 31 DECEMBER

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