ONE, Problem 1 (30%) - MGMT1916 Set out below are the financial statements for KLEE Inc. Limited: Profit and Loss Accounts ($) Sales 265 290 Profit before interest and tax 92 84 Interest 10 10 Profit on ordinary activities before taxation 82 74 Taxation 32 29 Profit on ordinary activities after taxation 50 45 Dividends 15 15 Retained profit 35 30 Balance Sheets ($) Fixed Assets Fixed Assets 24 56 Current Assets Stock 25 20 Debtors 21 20 Cash