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7. Using the figures below, calculate: al the gross profit b) the operating profit. Show all of your working. Cost of raw material Marketing expenditure General administration Sales revenue Wages of production-line worker 400,000 125,000 200,000 980,000 110,000 (3 marks) (3 marks) 8. A company must pay tax of 30 per cent on its profit of 200,000. If it plans to use 60 per cent of its profits (after tax) to build an extension to its factory, how much of its profit will be paid to shareholders? (4 marks) 9. Why might shareholders allow a business to keep all of the profit for its own use? (4 marks) 10. Calculate the earnings per share based on the following data: Profit for year: 300,000 Shares issued: 500,000 at 50p each. (3 marks)