HIC GROUP OF Companies
COMPARATIVE INCOME STATEMENT
For years ended 3rd December 2019 2020
Revenue and gains
Sales revenue 495,500 496,738.75
Interest revenue 278,500 279,196.25
Investment Income 71,700 71,879.25
Other revenue 101,500 101,753.75
Total revenue and gains 947,200 949,968
Expenses and losses
Cost of good sold 450,000 447,750
Selling&administrative 185,000 184,075
Computer (operating) 42,500 42,288
Interest expense 28,400 28,258
Total expense and losses 755,900 752,121.
1. average revenue
2. largest expense
3. lowest revenue
4. number of expense components
5. number of revenue components

Given is the comparative income statement which compares the current and past performance of HIC group
Step by step
Solved in 6 steps









