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Why shareholders and financial managers would interested

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Reference no: EM132531937

Question 1: Use the following information to record the following accounts using the perpetual inventory system:

Trading inventory on 1 March 2018                                N$20 000

Transactions for the year ended 28 February 2019:

Goods purchased for cash                                            N$60 000

Sale of goods for cash (at cost plus a mark-up of 50%)        N$75 000

Question 2: Explain ten (10) reasons why shareholders and financial managers would be interested in the Statement of Comprehensive Income of an entity.

Reference no: EM132531937

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