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Sales revenue $000 1,700 Cost of sales (900) Gross profit 800 Distribution costs (50) Administrative expenses (120) Operating profit 630 Interest received 60 Interest
Sales revenue $000 1,700 Cost of sales (900) Gross profit 800 Distribution costs (50) Administrative expenses (120) Operating profit 630 Interest received 60 Interest paid Profit before tax Income tax expense 80 (65) 645 (28) Profit for the financial year 617
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Principles of Financial Accounting
Authors: Belverd E. Needles, Marian Powers
12th edition
978-1133940562, 1133940560, 978-1285608464, 1285608461, 1133939287, 978-0357693605, 978-1285607047, 128560704X, 978-1133939283
