use the information provided to prepare the cash flow statement of Tempest Limited for the year ended 31 December 2019

TODO The required to The equipment costs R1 000 000 for each project and no scrap value is expected. The require of return is 12% QUESTION 3 REQUIRED Use the information provided below to prepare the Cash Flow Statement of Tempest Limited for year ended 31 December 2019. INFORMATION TEMPEST LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2019 Sales Cost of sales Gross profit Operating expenses Selling and administrative expenses Depreciation Operating profit Interest expense Profit before tax Income tax Profit after tax 2 200 000 (1 300 000 900 000 (570 000) (420 OCO (150 000 330 000 (90000) 240 000 (80 000 160 000 REQUIRED use the information provided below to prepare the Cash Flow Statement of Tempest Limited for the year ended 31 December 2019 INFORMATION TEMPEST LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2013 Sales Cost of sales Gross profit Operating expenses Selling and administrative expenses Depreciation Operating profit Interest expense Profit before tax Income tax Profit after tax 2200000 (1 300 0001 900 000 (570 000 (420 000) (150 000 330 000 190 000) 240 000 (80000) 160 000