Page 16 - A Level Business Studies - Financial Analysis Tasks

Task 3.b

Look at the D Crighton's Income Statement and calculate the Profit for the Year Margin.

Income Statement for D Crighton - Sole Trader Profit for the Year
£ £ Margin (%)

Sales Revenue 95,786
Less Cost of Sales 32,134

Gross Profit 63,652

Less Expenses
Utilities 3,256

Wages & Salaries 23,134
Administration 7,895
Marketing 5,675 39,960

Profit for the Year 23,692

Task 3.c

Look J Green's Income Statement and calculate the Profit for the Year Margin.

Income Statement for J Green - Sole Trader Profit for the Year
£ £ Margin (%)

Sales Revenue 1,767,898
Less Cost of Sales 653,709
Gross Profit 1,114,189

Less Expenses
Insurance 14,345
Management Salaries 435,678
Staff Wages 354,567

Training & HR 21,567
Phone & Internet 5,689
Heat & Light 8,745
Marketing & Advertising 45,345 885,936

Profit for the Year 228,253

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