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Money in —__| Money out —__| Money in minus | cast of making gots Other money out Gross profit minus other money out Honey left when shareholders have been paid The Profit and Loss Account (P&L) study the incomplete Pe. below: Complete the document with the following headings. Use a disionary 1 help you Research and development costs Cost of materials. Gross profit Invores receivable Turnover Dividend Consolidated Profit and Loss Ter year nos Oo 1 ST Forwcast Acta ‘i (sles rvecu 700 0 708 Other earnings Gains on oe ass ae cperations 2a af ‘on events 1 Costs of making goods . and al manocteng expenses toy Strand parson S58 0) SS eo se Other costs and expenses: Inds cot ovr 2 E ey ices Lesson ed aes C 5) son torn operate Goa 5) Maret and srbulon cos forsee ‘Trading/Operating Profit Profit for shareholders (' Retained profit [0] Now listen to a presentation of the actual results and complete the missing figures for gaps a-h.

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