ALLA - Wald out References Mailings Review View Help 9. The Income Statement of Gold Books Pty Ltd is given below: Income Statement for the year ended 31 December 2018 2019 $ Revenue Fees Sale of books Total revenue Less purchases Gross Profit 60 000 40 000 100 000 70 000 30 000 72 000 53 000 125 000 80 000 45 000 410 ASSESSMENT COVERSIERI 7000 Less expenses Stres Advertising Other expenses Net Pro 9000 7 000 4000 25 000 800 10 000 Required: Prepare the Common sise Income statement of Gold Books Pty Ltd Common i ncome Statement for the year ended 31 December 2018 W E R T Y U 1 0 P Sund And Me Alan neigh Layout A13 FSA Word References Malings Review Vice Help Required: Prepare the Common size income statement of Gold Books Pty Ltd Common size Income Statement for the year ended 31 December 2018 Revenue Fees Sale of books Total revenue Les purchases Gross Profit Less expenses Salaries Advertising Other expenses QUESTIONS - PART 2 Andrew Smith and Ross Make are partners in 'Best Furniture d', a real furniture store The business began trading in July 2016 The trial balance for the business as at 30 June 2009 is shown below: A unts Receivable 30.713 P M rane ehace Complet 1000D L e Search Suad Ahmed AT2 RFA Word References Mailings yout Review View Help ASSESSMENT COVERSHEET 24,270 10.630 0.000 40.000 15200 Store Equipment Accounts Payable Interest Income Capital - A Smith Capital - R Blake Sales Revenue Cost of Sales Electricity Expense Wars Expense Telephone Expense Rent Expense Insurance Expense Doubtful Debes E nse Depreciation Expense-Store Equipment Depreciation Expe - Motor Vehicle Loan Payable 88,060 1150 23650 2000 1,200 600 350 WERT U 10 Suad Ahmed Hashi Adan AT2B5A - Word References Mailings Review View Help out ASSESSMENT COVERSHEET 3. (BSBF1A412:3.1, 3.2.3.3, 3.4,35) Calculate and interpret the ratios for 2019 for the business of A.Smith and R.Blake based on your answer from Part 2 2018 2017 2019 Ratio Industry Average 5.32 17,0% 10% Current Ratio Profit Margin Debt to Equity 5.47 18.15 R. T Y U 1 0