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.