Essay
Unit 2 - P5
- Course
- Institution
interpret the contents of a trading and profit and loss account and balance sheet for a selected company
[Show more]
Seller
Follow
Sophia23
Content preview
Statement of comprehen- 2016-17 2017-18sive income for L'Orchidee
Revenue 1 221,910 2,209,834
Cost of sales 141,689 311,326
Gross Profit 1,080,221 1,898,508
Labour cost 452,999 690,247
Property and other operat- 585,141 1,025,272
ing costs
Total Expenses 1,038,140 1,715,519
Operating profit 42,081 182,989
Miscellaneous Payments 53,294 77,134
Profit for the year before (11,213) 105,855
tax
Statement of financial posi- 2016-17 2017-18
tion for L'Orchidee
Non-current assets 214,070 307,810
Inventory 25,481 41,730
Receivables 102,102 110,227
Cash and cash equivalents 164,798 220,168
Current Assets 292,381 372,125
Overdraft 0 0
Payables 39,491 55,902
Other current liabilities 146,443 191,987
Total current liabilities 185,934 247,889
Net-Current Assets 106,447 124,236
Non-current liabilities 143,000 143,000
Net Assets 177,517 289,046
Total liabilities 328,934 390 889
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Sophia23. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.11. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now