Presented below is a draft set of financial statements for Chips Limited. Chips Limited Income statement for
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Presented below is a draft set of financial statements for Chips Limited.
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Chips Limited Income statement for the year ended 30 June 2010 Revenue Cost of sales Gross profit Depreciation Other operating costs Operating profit Interest payable Profit before taxation Taxation Profit for the year 000 1,850 (1,040) 810 (220) (375) 215 (35) 180 (60) 120
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Chips Limited Income statement for the year ended 30 June 2010 Revenue 1850 16 Cost of sales 104...View the full answer
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9780273745884
7th Edition
Authors: Peter Atrill, Eddie Mclaney
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