QUESTION Part A Given are the statement of profit and loss of Victory Bowling Centre for two consequence years, 2021 and 2020. Victory Bowling Centre Statement of Profit or Loss for the years ended April 30 2021 2020 Admission and Membership Fee Revenue RM408,400 RM337,860 Less: Membership rebate 62,400 49.980 Total Net Revenue 346,000 287,880 Less: Expenses Cleaning expense 15,000 12,000 Depreciation expense 32,500 32,000 Salaries and wages expense 88,000 76,000 Utilities expense 13,200 12,000 Promotion expense 9,600 6,000 Transport expense 6,000 5,400 Insurance expense 5,500 5,500 Rent expense 96,000 98,000 Maintenance expense 24,600 18,000 Printing and postage expense 3,385 3,068 Sundry expense 648 Total Expenses 294,433 268,500 Net profit 51,567 19,380 532 Required (a) Prepare the horizontal analysis for Sweet Dine-In Restaurant with 2020 as base year, Round your answer up to one decimal place. (14 marks) (b) Compute the profit margin for the year 2021. Round your answer up to two decimal places (1.5 marks) (c) Year Total assets (RM) 2019 280,000 2020 320,000 2021 325,000 Given the total assets of Sweet Dine-In Restaurant for 2019, 2020 and 2021. Compute the asset turnover and return on assets for 2020 and 2021 and answer yup to two decimal places (5 marks) (d) Based on the profitability ratios computed, which year performed better. (0.5 marks) Continued... INDIVIDUAL ASSKINMENT NWMFH NDHSZNNFJ/SYE 7