Following are the information of assets of a Company: Particulars Year 1 Sales 10,000 Cost of Sales 6,000 Gross Profit 4,000 Expenses 1,500…
BBA Financial Accounting · 2024 · Solved Question with Answer
Following are the information of assets of a Company:
| Particulars | Year 1 |
| Sales | 10,000 |
| Cost of Sales | 6,000 |
| Gross Profit | 4,000 |
| Expenses | 1,500 |
| Depreciation | 500 |
| Interest on Working Capital | 800 |
| Interest on loan | 400 |
| Profit before tax | 800 |
| Provision for Tax | 200 |
Required: Vertical Analysis