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Saudi Aramco, the world's largest oil company, has provided you with the following income statement data for the year 2023: Item Amount (SAR) Operating Revenues
Saudi Aramco, the world's largest oil company, has provided you with the following income statement data for the year 2023:
Item | Amount (SAR) |
Operating Revenues | 10,000,000 |
Operating Expenses | 6,000,000 |
Net Income | 4,000,000 |
As a financial analyst at Saudi Aramco, prepare a vertical income statement for the year 2023. Present the income statement items as a percentage of total revenues, ensuring clear indication of the components of operating revenues, operating expenses, and net income.
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