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based on the figures shown, which of the following statements about bobbys bakery is correct? 1) from 2016 to 2017, the business decreased the revenue
based on the figures shown, which of the following statements about bobbys bakery is correct? 1) from 2016 to 2017, the business decreased the revenue from sales, while increasing expenses due to wages. 2) from 2016 to 2017, the sales if pies and pastries fell by a greater amount than white wholemeal and sourdough products. 3) from 2016 to 2017, sales of all products fell, except for cakes and tarts. 4) from 2016 to 2017, all expenses decreased. Profit & loss statement Revenue 2017 Sales - White, wholemeal and sourdough products $65,000 Sales - Cakes, tarts and dessert products $40,000 Sales - Pies, pastries and savoury products $35,000 2016 $95.000 $65,000 $55,000 Total revenue Raw materials and consumables used (cost of goods sald) Gross profit $140,000 $78,000 $62,000 $215,000 $95,000 $120,000 Expenses Casual wages Electricity Rent $12,000 $19,000 $15.000 $9,000 $23,000 $15,000 Total expenses $46,000 $47,000 Net profit $16,000 $73,000
based on the figures shown, which of the following statements about bobbys bakery is correct?
1) from 2016 to 2017, the business decreased the revenue from sales, while increasing expenses due to wages.
2) from 2016 to 2017, the sales if pies and pastries fell by a greater amount than white wholemeal and sourdough products.
3) from 2016 to 2017, sales of all products fell, except for cakes and tarts.
4) from 2016 to 2017, all expenses decreased.
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