BUSN1001 ANU - BUSN1001 Business Reporting & Analysis...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
1 BUSN1001 Business Reporting & Analysis Assignment, Semester 1, 2008 Assessment: 20% Due: Wednesday 21 May before 4pm The directors of Fizzy Drink Distributors Ltd are concerned at the results of trading activities reported for the year ended 30 June 2007, and the failure of the company to keep within the limit of the bank overdraft of $12,000. They request a financial analysis of the company and provide the following information: Income statements for the years ended 30 June 2005 2006 2007 $ $ $ Sales 200,000 180,000 165,000 Less: Cost of sales 90,000 84,000 75,000 Gross profit 110,000 96,000 90,000 Less expenses: Selling & distribution 40,000 40,000 46,000 General & administration 20,000 20,000 18,000 Interest 15,000 16,000 20,000 Net operating profit before tax 35,000 20,000 6,000 Less: Tax expense 15,000 9,000 2,500 Net operating profit after tax 20,000 11,000 3,500 Loss on sale of investment - - 1,000 Net profit for year 20,000 11,000 2,500 Statement of changes in equity Share Asset
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 08/29/2011 for the course BUSN 1001 taught by Professor Catherineikin during the Three '08 term at Australian National University.

Page1 / 3

BUSN1001 ANU - BUSN1001 Business Reporting & Analysis...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online