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Question 2 Alex is currently considering to invest his money in one of the companies between Company A and Company B. The summarized final
Question 2 Alex is currently considering to invest his money in one of the companies between Company A and Company B. The summarized final accounts of the companies for their last completed financial year are as follows: Statements of Comprehensive Income Sales Company A Company B RM RM RM RM Cost of sales 160,000 (120,000) 240,000 (180,000) Gross profit 40,000 60,000 Less: Administration expenses 12,000 18,000 Selling and distribution expenses 6,000 9,500 Other operating expenses 10,000 14,000 Financial expenses 3,000 500 (31,000) (42,000) Net profit 9,000 18,000
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