(a)[1]
Calculate the profit made in the year ended 31 July 2020.
(b)[6]
Calculate the three ratios and give each answer to two decimal places.
(c)[6]
Comment on how Carlos’s business performed across the two years, 2019 and 2020.
(d)[5]
Advise Carlos which option he ought to choose. Support your answer by giving one advantage and one disadvantage of each option.
(e)[2]
State the name of one party, other than himself and his employees, who might be interested in Carlos’s financial statements. State one reason for that interest.