finial accounts

3.4 Final accounts (some HL only*) 1 Table 3.4.1 contains excerpts from the final accounts of Patisserie de Nimes for year ending 31st March 2019. All figures are in US dollars ($). $ Cost of goods sold 150 000 Dividends 10000 Expenses 60 000 Gross profit A Interest 8000 Net profit after interest and tax 25600 Net profit before interest and tax B Net profit before tax 32 000 Retained profit C Sales revenue 250 000 Tax 6400 Table 3.4.1 a Define the term cost of goods sold. [2] b Calculate the missing figures for A, B and C in the table above. [3] c Construct the profit and loss account for Patisserie de Nimes for the year ending 31st March 2019. [5]