This worksheet was prepared by PGCE Business students at the Roehampton Institute Eli Jar is an Israeli farmer. He spends most of the year out on the hills and valleys near Bethlehem rearing and caring for his sheep. At the end of each year he goes to market in Jerusalem where he sells his flocks.
Accountants have different types of profit.
Use a text book to find what a company could do with these funds and make notes in your exercise book about these. It can also be used to demonstrate how successful one company is compared to another one. Listed below are a number of companies who have recorded their profit after tax on the Internet. List the amount of profit which they have earned in the space provided. Select a set of accounts from the school box of published accounts and extract profit after tax for the company which you have chosen.