Page 3 - A Level Business Studies - Financial Analysis Tasks

Task 1.e

INCOME STATEMENT FOR JEEPJO LTD Draw up an Income Statement based
YEAR ENDED 31 MARCH 20XX
on the following information.
£
In the year ending 31 March 20XX,
JeepJo Ltd had an annual sales
revenue of £895,778 and the cost of
sales were £494,535. Operating

Expenses amounted to £209,316,
other expenses were £35,198 and
the company paid £31,346 in tax. It

then paid £100,000 to its
shareholders.

Task 1.f

INCOME STATEMENT FOR JOHULL LTD Draw up an Income Statement based

YEAR ENDED 31 MARCH 20XX on the following information.

£ In the year ending 31 March 20XX,

Johull Ltd had an annual sales revenue
of £1,654,560 and the cost of sales
were £1,089,567. Operating
Expenses amounted to £408,978,
other expenses were £78,989 and the
company paid £15,405 in tax. It then
paid £50,000 in dividends to its
shareholders.

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