Question: Following are the financial statements Data table Income statement for the year ended 31 December: This year 000 Sales revenue Cost of sales Gross profit

Following are the financial statements
Data table Income statement for the year ended 31 December: This year 000 Sales revenue Cost of sales Gross profit Operating expenses Operating profit Interest payable Profit before taxation Taxation Profit for the year Last year

Data table Income statement for the year ended 31 December: This year 000 Sales revenue Cost of sales Gross profit Operating expenses Operating profit Interest payable Profit before taxation Taxation Profit for the year Last year 000 531 (320) 211 (114) 97 (13) 84 (17) 67 644 (440) 204 (133) 71 (16) 55 (11) 44

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