8 Use the given income statement and complete the following requirements. a- Calculate the percentage changes between 2014 and 2015. (5marks) b- Write your analysis on the performance of the company. (5marks) c- What is the amount of change in the cost of sales? (1mark) d- What is the proportion of the cost of sales to revenue in 2015? (1mark) e- The revenue and cost of sales have been increased. what can be the reasons? briefly explain. (3marks) (Non-anonymous question) (11/15 Points) Example Company Ltd Income Statement 2015 2014 Year Ended 31 December '000 '000 Revenue 21,450 19,780 Cost of sales 13,465 12,680 Gross profit 7,985 7,100 Distribution costs 3,210 2,985 Administration expenses 2,180 1,905 Operating profit 2,595 2,210 Finance costs 156 120 Profit before tax 2,439 2,090 Tax expense 746 580 Profit attributable to shareholders 1,693 1,510