
Answered: ou have recently been employed as a. | bartleby
income statement for year ended 31 december 2019 2020 £000 £000 turnover 17,640 25,690 cost of sales (10,100) (16,980) gross profit 7,540 8,710 operating expenses (3,789) (5,257) operating profit 3,751 3,453 interest payable (344) profit before taxation 3,751 3,109 taxation (942) (777) profit for the year 2,809 2,332 statement of financial .