(a)[11]
Complete the income statement for the year ended 31 October 2019. Use the space on the next page to show your workings.
(b)[7]
Prepare the statement of changes in equity for the year ended 31 October 2019.
(c)[3]
State three advantages to the shareholders of trading as a limited company.
(d)[4]
Assess the performance of Q plc using these ratios.
(e)[5]
Advise the director whether the company ought to proceed with the proposal to repay the debentures. Justify your answer.