Page 10 - A Level Business Studies - Financial Analysis Tasks
P. 10
Task 1.h
Look at the Income Statement and calculate the Gross Profit Percentage
INCOME STATEMENT FOR GREENDAY LTD Suggest ways that a business
could improve its Gross Profit
YEAR ENDED 31 MARCH 20XX
Ratio
£
SALES REVENUE 545,212
Cost of Sales 376,812
GROSS PROFIT 168,400
Operating Expenses 85,456
OPERATING PROFIT 82,944
Other Expenses 54,789
PROFIT BEFORE TAX 28,155
Tax on profit 5,631
PROFIT FOR THE YEAR 22,524
Dividends paid 5,000
RETAINED PROFIT AT 31 DECEMBER 17,524
Gross Profit as a %
of Sales Revenue
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