1 Consider the information below for Company A and Company B. Both companies are located in...

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1 Consider the information below for Company A and Company B. Both companies are located in Country Y Company A is a manufacturer of components used in the car industry Company B is a manufacturer of leather goods such as belts and watch straps. Sabrina is looking to invest $10000 in one of these companies. Trading Account Company A Company B $ Revenue 72000 83000 Cost of sales 32000 41000 Expenses 22000 30000 Profit 18000 12000 Retained profit 15000 3000 a Define 'revenue'. NN [2] b Identify two examples of an overhead cost. c Outline two reasons why profit is important to businesses such as Companies A and B. [2] 275 [4] d Explain two uses of Company A's income statement to any two stakeholder groups. [6] e in which company do you think Sabrina should invest her $10000? Justify your answer. [6] 2 Victory Machines (VM) is a manufacturer of motorcycles. The data below shows the market data for motorcycles and VM's revenue and profit data for the motorcycles it produces. 2 Victory Machines (VM) is a manufacturer of motorcycles. The data below shows the market data for motorcycles and VM's revenue and profit data for the motorcycles it produces. VM's financial data for motorcycles in 2012 Market data for motorcycles in 2012 Revenue 5% share of the market $8500 000 Profit $84000 $3400000 Dividends paid $70.000 Retained profit $14.000 1 Consider the information below for Company A and Company B. Both companies are located in Country Y Company A is a manufacturer of components used in the car industry Company B is a manufacturer of leather goods such as belts and watch straps. Sabrina is looking to invest $10000 in one of these companies. Trading Account Company A Company B $ Revenue 72000 83000 Cost of sales 32000 41000 Expenses 22000 30000 Profit 18000 12000 Retained profit 15000 3000 a Define 'revenue'. NN [2] b Identify two examples of an overhead cost. c Outline two reasons why profit is important to businesses such as Companies A and B. [2] 275 [4] d Explain two uses of Company A's income statement to any two stakeholder groups. [6] e in which company do you think Sabrina should invest her $10000? Justify your answer. [6] 2 Victory Machines (VM) is a manufacturer of motorcycles. The data below shows the market data for motorcycles and VM's revenue and profit data for the motorcycles it produces. 2 Victory Machines (VM) is a manufacturer of motorcycles. The data below shows the market data for motorcycles and VM's revenue and profit data for the motorcycles it produces. VM's financial data for motorcycles in 2012 Market data for motorcycles in 2012 Revenue 5% share of the market $8500 000 Profit $84000 $3400000 Dividends paid $70.000 Retained profit $14.000