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Use the informetion provided below to prepare the Pro Forma Statenent of Comprehenshe Income for the year ended 3 1 December 2 0 2 4
Use the informetion provided below to prepare the Pro Forma Statenent of Comprehenshe Income for the year ended December The statement must include the gross profit, operating profit, profit before tax and profit after tax.
INFORMATION
The following figures have been extracted from the Statement of Comprehensive Income of Becker
Additional information
The sales forecast for the year ended December is R
Becker Limited uses the percentageofsales method to prepare its Pro Forma Stalement of Comprehensive income.
The company has identified cost of sales, operating expenses and interest expense as varying in proportion to sales.
Company tax is calculated at of the profit before tax.
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