Would you mind commenting on the result and suggest how it might be improved? Sales Revenue: Less

Would you mind commenting on the result and suggest how it might be improved?

 

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Sales Revenue: Less Less Working: sale of computers repairs cost of sales gross profit Operating expenses: Comp fix Ltd Budget income statement for the 3 months to 31 March 2021 E rent leasing of equipment marks salary electricity insurance rates utilities (excluding electricity) advertising mileage depreciation Operating profit opening inventory purchases technician salary closing inventory cost of sales E 6,000 1,800 3,000 600 300 999 900 900 750 200 (15,449) 52 0 26,001-8667x3 7,500 33,501 (18,000) 15,501 6,000 (10,000) 18,000 =1200x3/12 4000x0.2x3/12 22,000-7500+7500+7000 Sales Revenue: Less Less Working: sale of computers repairs cost of sales gross profit Operating expenses: Comp fix Ltd Budget income statement for the 3 months to 31 March 2021 E rent leasing of equipment marks salary electricity insurance rates utilities (excluding electricity) advertising mileage depreciation Operating profit opening inventory purchases technician salary closing inventory cost of sales E 6,000 1,800 3,000 600 300 999 900 900 750 200 (15,449) 52 0 26,001-8667x3 7,500 33,501 (18,000) 15,501 6,000 (10,000) 18,000 =1200x3/12 4000x0.2x3/12 22,000-7500+7500+7000

Answer rating: 100% (QA)

Based on the budget income statement presented for Comp fix Ltd for the 3 months to 31 March 2021 the sales revenue consists of computer sales and rep... View the full answer