Answer ANY FIVE (5) questions. QUESTION 1 1.1 REQUIRED Prepare a projected statement of comprehensive income to determine the sales needed to produce a pr R525000. INFORMATION: Impala Enterprises Statement of Comprehensive Income for the year ended 31 December 2017 Additional information: 1. Cost of sales is expected to be 60% of sales. 2. Operating expenses will increase by 10%. 3. Interest expense will decrease to R300 000 . 4. The tax rate will remain at 30% 1.2 REQUIRED Use the information from question 1.1 (not your solution) and calculate the following: 1.2.1 Gross margin 1.2.2 Net profit margin 1.2.3 Operating margin 1.2.4 Interest coverage