Question

3 a Use the attached income statement to answer the following questions, How much did the company spend to create the goods a
2019 2018 FINANCIAL RESULTS In millions) Sales o Other revenue Total revenue Cost of sales Selling, general and administrativ
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Answer #1

1) How much did the company spend to create goods and services its sold

Particulars 2019 2018
Cost of sales 54864 53299
Selling and administration exense 16233 15723
Total 71097 69022

2)Yes, the company has debt because there is an interest (477 and 461) expense in the income statement , so there should be a debt

3)Income available to share holder

Particulars 2019 2018
Net income 3281 2937

Less:Prefernce dividend if any

Less:DDT if any
Less:general or special reserve If any
Earning availible to common share holder 3281 2937
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