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(Comparative statement of profit & loss) From the following Statement of Profit & Loss prepare Comparative Statement of Profit & Loss. You are also required
(Comparative statement of profit & loss) From the following Statement of Profit & Loss prepare Comparative Statement of Profit & Loss. You are also required to interprete the results and give suitable comments. Particulars Revenue from Operations 2014-15$ 2013-14$ 50,00,000 45,00,000 Employee Benefit Expenses 30% of Revenue from operations 40% of Revenue from operation 9,40,000 Other Expenses Income Tax rate 9,90,000 50% 50%
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