## Question

###### Refer to attached photo. What was the percentage increase in revenue between 2014 and 2013? a)...

Refer to attached photo.

What was the percentage increase in revenue between 2014 and 2013?

a) 15.38%

b) 13.33%

c) 14.28%

d) 12.5%

Extracts from the financial statements of Aberlady plc's latest annual report are given below: 2014 2013 000.3 90.30 1,500 1,300 Revenue 700 800 Cost of sales 700 600 Gross Profit 250 300 Operating Expenses 350 400 Operating profit 50 80 Finance charges 300 320 Profit before taxation 65 70 Taxation 235 250 Profit for year 1000 1200 Ordinary share capital (50p) 40 60 Share premium Account 1100 1350 Retained profits 2140 2610

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