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3. You are part of audit team auditing financial statements of Oligopoly Ltd, which produces office supplies for organizations. Company had the following sales in
3. You are part of audit team auditing financial statements of Oligopoly Ltd, which produces office supplies for organizations. Company had the following sales in 2018: Sales to individuals: 4000-5000 S Sales to corporate customers: 10,000-15,000S Company's operational expenses made up between 5-10% of total sales. The profit for the year in the draft statement of profit and loss is shown as 7,000S. Required: Using analytical procedures , perform a proof in total on the profit for the year
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