Prepare a brief report for the managing director to help explain what has happened to Al Trade during the year 2018 and comment on the significance of your findings Horizontal Analysis 31 dec 31 Dec Change 12 Sales Less Cost of Sales Gross Profit 2018 (A) 67,790,046 54,815,433 12,974,612 2017 (B) 64,171,474 47,988,070 16,183,404 Amount C (A B) 3,618,572 6,827,363 3,208,792 P ( ) C B 100 5 64 14 23 19 83 13 Wages and Salaries Distribution Expense Administrative Expense Depreciation Expense Total Expense 14 15 16 2,717,947 2,011,965 1,864,255 1,526,615 8,120,782 3,244,650 4,881,132 1,220,801 1,657,189 11,003,772 526,703 2,869,167 643,454 130,574 2,882,990 16 23 58 78 52 71 7 88 26 20 Other Income 27,429 111,981 84,552 75 51 Operating Profit 4,881,259 5,291,613 410,354 7 75 Financial Expense 17 980,369 1,093,734 113,365 10 36 Profit before Taxation 3,900,890 4,197,879 296,989 7 07 Taxation 18 448,371 487,784 39,413 8 08 Profit for the financial year 3,452,519 3,710,095 257,576 6 94

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Prepare a brief report for the managing director to help explain what has happened to Al Trade during the year 2018 and comment on the significance of your findings    Horizontal Analysis 31 dec 31 Dec Change 12 Sales Less  Cost of Sales Gross Profit 2018 (A) 67,790,046  54,815,433 12,974,612 2017 (B) 64,171,474  47,988,070 16,183,404 Amount C (A B) 3,618,572  6,827,363  3,208,792 P ( ) C B 100 5 64 14 23  19 83 13 Wages and Salaries Distribution Expense Administrative Expense Depreciation Expense Total Expense 14 15 16  2,717,947  2,011,965  1,864,255  1,526,615  8,120,782  3,244,650  4,881,132  1,220,801  1,657,189  11,003,772 526,703 2,869,167  643,454 130,574 2,882,990  16 23  58 78 52 71  7 88  26 20 Other Income 27,429 111,981  84,552  75 51 Operating Profit 4,881,259 5,291,613  410,354  7 75 Financial Expense 17  980,369  1,093,734 113,365  10 36 Profit before Taxation 3,900,890 4,197,879  296,989  7 07 Taxation 18  448,371  487,784 39,413  8 08 Profit for the financial year 3,452,519 3,710,095  257,576  6 94

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