Assignment II
Sales Revenue:
YEAR 1 â YEAR 2
N6,000,000N8,000,000
Direct Expenses:
N4,420,000N4,200,000
Gross Profit:
N1,580,000N3,800,000
Operating Expenses:
N3,120,000 N2,500,000
Net Profit:
N1,540,000 N1,300,000
Required:
Write TWO pages on Analysis of the above financial statement.