Question
Statement of Profit or Loss and Other Comprehensive Income For the Year Ended 30th. June 2020 2020 RM'000 2019 RM'000 Revenue-sales of goods Cost
Statement of Profit or Loss and Other Comprehensive Income For the Year Ended 30th. June 2020 2020 RM'000 2019 RM'000 Revenue-sales of goods Cost of sales 1,047,725 1,001,663 -603,852 -580,947 Gross profit Other income 443,873 420,716 4,909 6,587 Distribution expenses -167,342 -157,873 Administrative expenses -24,995 -24,330 Other expenses -59,851 -56,609 Results from operating activities 196,594 188,491 Interest income 4,508 3,854 Finance costs -3,120 -3,608 Profit before tax 197,982 188,737 Tax expense -48,908 -47,750 Net profit for the year/Total comprehensive 149,074 140,980 income for the year Basic and diluted earnings per ordinary share 232.9 220.3 (sen) Number of shares outstanding Current share price 64,000,000 64,000,000 54 46 Budgeted Income Statement for 2021 showing: a. Revenue b. Cost of sales c. Contribution margin d. Operating expenses e. Operating profit f. Taxation g. Profit after tax Q2 What are the possible strategies in achieving the target market capitalisation above? Calculate the rate of changes required for each variable and strategies (where applicable). Please help review within 1 hour
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