GIVEN DATA: PROFIT & LOSS STATEMENT

FY 23
equity raised 30,000,000 sales/Revenue 7,000,000
purchased PPE 10,000,000 COGS/direct/raw mate 4000000
purchased inventory 5,000,000 Cost as % of sales 57.14%
inventory sold 4,000,000 COGS Gross Profit 3,000,000
Gross margin 42.86%
sales 7,000,000 employee exp 100,000
employee exp 100,000 other exp 200,000
other exp 200,000 Operating Profit/EB 2,700,000
Depreciation 0
EBIT 2,700,000
tax rate 40% Interest 0
dividend payout 10% Other income 0
EBT 2,700,000
Tax 810000
Tax rate 30.00%
PAT 1,890,000
 BALANCE SHEET
Liabilities FY23 Assets
Sources of funds Application of funds
equity share capital 30,000,000 PPE

other equity/ Reserves & 1,701,000

Inventories

Cash at bank

TOTAL 31,701,000 TOTAL

Inventory schedule / Notes of Ac

opening balance
Add: Purchases
Subtract: COGS
Closing balance

Other equity
Opening
Add: Profit of the year
Subtract: Dividend
Closing

dividend payout

equity share capital

Opening
Add: Equity raised
Subtract: Buyback
Closing
 BANK ACCOUNT STATEMENT
FY23 FY 23
Opening balance 0
10,000,000 proceeds from equity hold 30000000
purchase of PPE -10,000,000
purchase of Inventory -5000000
1,000,000 Inventory sold 4000000
PAT 1,890,000
Dividend paid -189000

20701000

31,701,000 Closing Balance 20701000

FY 23
0
5000000
4000000
1000000

FY23
0
1,890,000
189000
1,701,000

10%

FY23
0
30000000
0
30000000