QUESTION $2$

$(16$ Marks$)$

Use the information provided below to answer the following questions.

INFORMATION

Ontdekkers Enterprises which begun its operations in $2018$ is an entrepreneurial e$-$commerce firm operating in a Southern African country. The excerpts of financial reports of Ontdekkers enterprises for the $2023$ financial year are as follows:

$\backslash$table$[[$ONTDEKKERS ENTERPRISES,$],[$STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED $31$ DECEMBER $2023,],[,$R$],[$Sales$,10500000],[$Cost of sales,$(5700000)$