Professional Documents
Culture Documents
Quantitative
practice
kit
for
IB
Diploma
Business
Management
by
Biztopia
Education
Unit
3.4
Standard
Level
Final
Accounts
Profit
and
loss
account
only
Product
code:
SL-‐FA-‐PL-‐001
Free
Download
Contents:
ü 1
Profit
&
loss
practice
question
ü 1
Profit
and
loss
account
to
construct
ü Suggested
answer
Suitable
for:
ü Learning
activity
ü Homework
sheet
ü Assessment
ü Revision
activity
Syllabus:
First
examinations
2016
ã
2018
Biztopia
Education
FREE
DOWNLOAD
1
Unit
3.4
SL
Final
Accounts/Profit
&
Loss
www.BiztopiaEducation.com
IB
Business
Management
resource
by
Biztopia
Education
Practice
question.
Master
It
Education
Master
It
Education
is
an
education
publishing
company
based
in
London,
specializing
in
IELTS
and
TOFEL
books
and
digital
resources.
Table
1:
Selected
financial
data
for
Master
It
Education
for
year
ended
31st
March
2016.
Figures
in
£
000s
Gross
Profit
A
Retained
profit
E
Expenses
500
Net
profit
before
interest
and
tax
B
Sales
revenue
7000
Net
profit
before
tax
C
Cost
of
goods
sold
4150
Net
Profit
after
interest
and
tax
D
Interest
60
Dividends
620
Tax
470
(a)
Calculate
the
values
of
A,
B,
C,
D
and
E
in
Table
1
(no
working
required)
[5]
(b)
Construct
a
fully
labelled
profit
and
loss
account
for
Master
It
Education.
[4]