7. Prepare budget of the selected company using audited annual financial statements of 2020. After taking the following points in consideration o Increase the sale by 15 %, o Decrease the cost of sales by 11 % and o Increase selling and administration cost by 9 %. o Calculate the resulting Budgeted Gross Profit and Total Operating Income

( actually I don't have for 2020 , so we use 2019) this information :

Al Maha Ceramics SAOG Statement of profit or loss and other comprehensive income for the year ended 31 December 2019 (Expressed in Omani Rial) Notes 2019 2018 18 Revenue Cost of sales Gross profit 19 7,440,084 (5,111,354) 2,328,730 8,436,617 (5,525,972) 2,910,645 Other income 20 54,192 2,382,922 27,450 2,938,095 Expenses Selling and distribution costs General and administrative expenses Finance costs 21 22 23 (651,862) (497,161) (54,668) (1,203,691) (834,827) (627,630) (33,961) (1,496,418) Profit from operations 1,179,231 1,441,677 Realised gain on sale of investments at fair value through profit or loss 8 10,547 Unrealised fair value losses on investments at fair value through profit or loss 8 (2,609)