Page 18 - A Level Business Studies - Financial Analysis Tasks

Task 3.f
Look at the Income Statement and calculate the Profit for the Year Margin

INCOME STATEMENT FOR FRIERKING LTD
Profit for the Year
YEAR ENDED 31 MARCH 20XX Margin (%)
£

SALES REVENUE 3,245,822
Cost of Sales 1,658,956
GROSS PROFIT 1,586,866

Operating Expenses 1,096,787
OPERATING PROFIT 490,079
Other Expenses 287,668

PROFIT BEFORE TAX 202,411
Tax on profit 40,482

PROFIT FOR THE YEAR 161,929
Dividends paid 120,000

RETAINED PROFIT AT 31 MARCH 41,929

Task 3.g
Look at the Income Statement and calculate the Profit for the Year Margin

INCOME STATEMENT FOR SOCRAB LTD Profit for the Year
YEAR ENDED 31 MARCH 20XX Margin (%)
£
SALES REVENUE 254,678
Cost of Sales 101,567
GROSS PROFIT 153,111
Operating Expenses 86,789
OPERATING PROFIT 66,322
Other Expenses 28,789
PROFIT BEFORE TAX 37,533
Tax on profit 7,507
PROFIT FOR THE YEAR 30,026

Dividends paid 25,000
RETAINED PROFIT AT 31 MARCH 5,026

18 | P a g e © B u i l d Y o u r S k i l l 2 0 2 0