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Below you can find information for the company "Plastiko SA" (figures in Euros): Common Stock...

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Accounting

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Below you can find information for the company "Plastiko SA" (figures in Euros): Common Stock ? Long term debt 180.000 Creditors 110,000 Purchases 720.000 Opening Inventory 270,000 Plant and Equipment 40,000 Selling, general and 120,000 Interest expense 30.000 administrative expenses Sales 1,360,000 Cash and Cash Equivalents 60.000 Land 280,000 Closing inventory 90,000 Buildings 320,000 Sales Discounts 110,000 Short term Liabilities 50.000 Vehicles 50,000 Accounts receivables 80,000 Accounts payables 20,000 Consider that there is no taxation and no decision for dividends distribution, you are required to: A. Prepare the Income Statement for the company Plastiko SA", using a multi- step format with four measures of profitability: Gross Profit. Operating Income, Pretax Income and Net Income. (10%) mant Assets Moncurrer

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