The following is the statement of comprehensive income of Global Computer Company Plc. 2022 N'000 Turnover...

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The following is the statement of comprehensive income of Global Computer Company Plc. 2022 N'000 Turnover Cost of sales Gross profit Other operating income Distribution and Adm expenses Interest expenses Profit before taxation Taxation 14,191,023 (11,239,021) 2,952,002 256,758 (2,651,472) (213,267) 344,021 (90,604) 253,417 (252,000) 1,417 Profit after taxation Proposed dividend Retained profit Additional details: Included in distribution and administrative expenses are; 2022 N'000 Salaries and wages Depreciation 166,460 121,341 2021 N'000 14,608,069 (11,140,831) 3,467,238 275,219 (1,986,526) (57,697) 1,698,234 (466,427) 1,231,807 (613,200) 618,607 2021 N'000 74,617 53,847 Prepare the statement of value added as it will appear in the published financial statement. 15 marks The following is the statement of comprehensive income of Global Computer Company Plc. 2022 N'000 Turnover Cost of sales Gross profit Other operating income Distribution and Adm expenses Interest expenses Profit before taxation Taxation 14,191,023 (11,239,021) 2,952,002 256,758 (2,651,472) (213,267) 344,021 (90,604) 253,417 (252,000) 1,417 Profit after taxation Proposed dividend Retained profit Additional details: Included in distribution and administrative expenses are; 2022 N'000 Salaries and wages Depreciation 166,460 121,341 2021 N'000 14,608,069 (11,140,831) 3,467,238 275,219 (1,986,526) (57,697) 1,698,234 (466,427) 1,231,807 (613,200) 618,607 2021 N'000 74,617 53,847 Prepare the statement of value added as it will appear in the published financial statement. 15 marks

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Global Computer Company Plc Statement of Value Added for the year ended 31 December ... View the full answer