usiness / accounting / accounting questions and answers / QUESTION 3 (15 Marks) Question: QUESTION 3 (15 Marks) HEALTH And (15 marks) QUESTION 3 HEALTH and SAFETY (PTY) LTD (H&S) is a wholesaler of Personal Protective Equipment. At the Beginning of the year 2020, H&S expanded its retail business by adding over 50 shops in order to meet the demand for protective gear. The following information has been extracted from the comparative financial statements included in the company's 2019 annual report (all amounts are in thousands of Rands) Total liabilities Total shareholders' equity Dec. 31. 2019 R26 000 34 000 Dec. 31. 2018 R18 000 38 000 Depreciation expense Interest expense Income tax expense This problem has been solved! usiness / accounting / accounting questions and answers / QUESTION 3 (15 Marks) Question: QUESTION 3 (15 Marks) HEALTH And (15 marks) QUESTION 3 HEALTH and SAFETY (PTY) LTD (H&S) is a wholesaler of Personal Protective Equipment. At the Beginning of the year 2020, H&S expanded its retail business by adding over 50 shops in order to meet the demand for protective gear. The following information has been extracted from the comparative financial statements included in the company's 2019 annual report (all amounts are in thousands of Rands) Total liabilities Total shareholders' equity Dec. 31. 2019 R26 000 34 000 Dec. 31. 2018 R18 000 38 000 Depreciation expense Interest expense Income tax expense This problem has been solved