Price Increase 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 (£)

846000.00

Cost of Sales (£)

691300.00

Gross Profit (£)

154700.00

Operating Expenses (£)

54600.00

Operating Profit (Net Profit) (£)

100100.00

Non-operating income (£)

9100.00

Interest Payable (£)

11200.00

Profit on Ordinary Activities Before Taxation (£)

98000.00

Corporation Tax (£)

9800.00

Profit after Tax (£)

88200.00

Dividends (£)

4410.00

Retained Profit Carried Forward (£)

83790.00


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

3.03

Cost of Sales

0.00

Gross Profit

21.14

Operating Expenses

0.00

Operating Profit (Net Profit)

36.94

Non-operating income

0.00

Interest Payable

0.00

Profit on Ordinary Activities Before Taxation

38.03

Corporation Tax

38.03

Profit after Tax

38.03

Dividends

38.03

Retained Profit Carried Forward

38.03