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3. 7,500,000
SALES 100%
COGS 40% 3,000,000/40% = 7,500,000
GP 60%
4. 9,500,000
SALES 50,000,000
COST OF GOODS SOLD 30,000,000
GROSS PROFIT 20,000,000
INVESTMENT INCOME 3,000,000
GAIN 2,000,000
TOTAL INCOME 25,000,000
LESS: EXPENSES
DIST. COST (5,000,000)
GEN.AND ADMIN. (4,000,000)
FINANCE COST (1,500,000)
INCOME BEFORE TAX 14,500,000
INCOME TAX EXPENSE 5,000,000
NET INCOME AFTER TAX 9,500,000
5. 6,550,000
Sale 3,000,000
CA 5,000,000
LOSS (2,000,000)
OPERATING LOSS (1,500,000)
TOTAL LOSS (3,500,000)
TAX EFFECT 1,050,000
NET LOSS FROM DISCONT. (2,450,000)
INCOME FROM CONT. 9,000,000
TOTAL INCOME 6,550,000
10. 8,500,000
11. 1,890,000
12. 504,000
18. 7,200,000
19. 800,000
20. 4,500,000
SALES 5,000,000
EST. RETURNS
10% 500,000
NET SALES 4,500,000