Indirect Cost Changes Worksheet Solution - Profit & Loss Account Simulation [Virtual Learning Arcade]

Profit Loss Account

The Input Parameters

Use the back button to view the input parameters


The Profit / Loss Account: £

NEW Values

Turnover (£)

819000.00

Cost of Sales (£)

691750.00

Gross Profit (£)

127250.00

Operating Expenses (£)

60600.00

Operating Profit (Net Profit) (£)

66650.00

Non-operating income (£)

9100.00

Interest Payable (£)

11200.00

Profit on Ordinary Activities Before Taxation (£)

64550.00

Corporation Tax (£)

6455.00

Profit after Tax (£)

58095.00

Dividends (£)

2904.75

Retained Profit Carried Forward (£)

55190.25


The Profit / Loss Account: £

OLD Values

Turnover (£)

819000.00

Cost of Sales (£)

691300.00

Gross Profit (£)

127700.00

Operating Expenses (£)

54600.00

Operating Profit (Net Profit) (£)

73100.00

Non-operating income (£)

9100.00

Interest Payable (£)

11200.00

Profit on Ordinary Activities Before Taxation (£)

71000.00

Corporation Tax (£)

7100.00

Profit after Tax (£)

63900.00

Dividends (£)

3195.00

Retained Profit Carried Forward (£)

60705.00


The Profit / Loss Account: %

PERCENTAGE change

Turnover

0.00

Cost of Sales

0.07

Gross Profit

-0.35

Operating Expenses

10.99

Operating Profit (Net Profit)

-8.82

Non-operating income

0.00

Interest Payable

0.00

Profit on Ordinary Activities Before Taxation

-9.08

Corporation Tax

-9.08

Profit after Tax

-9.08

Dividends

-9.08

Retained Profit Carried Forward

-9.08