Question 1 [25] The financial statements of MM limited and AS Limited for the year ended 31 January 2022 are presented below: Both companies are wholesale of cleaning products Statement of Comprehensive Income MM Limited AS Limited Sales 20,000,000 10,000,000 Cost of Sales 15,000,000 6,000,000 Gross profit 5,000,000 4,000,000 Operating expenses 1,000,000 1,000,000 Operating profit 4,000,000 3,000,000 Interest expense 500,000 300,000 Profit before Tax 3,500,000 2,700,000 Dividend 1,000,000 700,000 Profit after Tax 2,500,000 2,000,000