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A business, Biscuits Now, sells biscuits and cakes to shops and private customers. Complete the income statement from the information given.
\n\n\n\ndebtors | \n{debtors} | \n
\n\nwages | \n{wages} | \n
\n\ncost of goods sold | \n{goods} | \n
\n\noffice building owned | \n{office} | \n
\n\nvan rental | \n{van} | \n
\n\nfinancing costs | \n{fin} | \n
\n\nrent | \n{rent} | \n
\n\ntax | \n{tax} | \n
\n\nsales | \n{sales} | \n
\n\n
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\n\n | \n£ | \n£ | \n
\n\nRevenue | \n | \n[[0]] | \n
\n\nLess cost of goods sold | \n[[1]] | \n | \n
\n\nGross profit | \n | \n[[2]] | \n
\n\nLess overheads/expenses | \n | \n | \n
\n\nwages | \n[[3]] | \n | \n
\n\nvan rental | \n[[4]] | \n | \n
\n\nrent | \n[[5]] | \n | \n
\n\nNet profit | \n | \n[[6]] | \n
\n\nFinancing costs | \n[[7]] | \n | \n
\n\nProfit before tax | \n | \n[[8]] | \n
\n\nTax | \n[[9]] | \n | \n
\n\nProfit after tax | \n | \n[[10]] | \n
\n\n
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