A) Prepare a common size income statement for the three accounting periods.

B) Give your comment on the trend of changes in the expenses that has contributed maximum towards the generation of revenue in the respective years.

C) Point out the reasons for changes in the Profit after-tax figure in the current year from year 1.

 

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1. Revenue Particulars Revenue from Operations Other Income Total Revenue 2. Expenses COGS Salary and other Employee Benefit Expense Depreciation and Amortization Other expenses Profit before exceptional and extraordinary items Extraordinary items Profit before tax Tax Profit after Tax Statement of Profit and Loss Amount in INR Lakhs Amount in INR Lakhs Amount in INR Lakhs (Year 3) (Year 2) (Year 1) 11,989 211 12,200 6,738 750 667 1569 2,476 1,848 628 30 598 9,876 650 10,526 5345 695 540 2430 1,516 0 1,516 30 1,486 9500 179 9,679 4960 650 515 1900 1,654 0 1654 30 1,624 1. Revenue Particulars Revenue from Operations Other Income Total Revenue 2. Expenses COGS Salary and other Employee Benefit Expense Depreciation and Amortization Other expenses Profit before exceptional and extraordinary items Extraordinary items Profit before tax Tax Profit after Tax Statement of Profit and Loss Amount in INR Lakhs Amount in INR Lakhs Amount in INR Lakhs (Year 3) (Year 2) (Year 1) 11,989 211 12,200 6,738 750 667 1569 2,476 1,848 628 30 598 9,876 650 10,526 5345 695 540 2430 1,516 0 1,516 30 1,486 9500 179 9,679 4960 650 515 1900 1,654 0 1654 30 1,624

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To answer your questions Ill start by breaking down parts A B and C one by one A To prepare a common size income statement for the three accounting pe... View the full answer