Problem
Answer the following questions based on the information provided below:
A. Calculate the distribution expenses for the year ended 31 December 2022.
B. What changes in financing activities and investing activities possibly took place during 2022? Explain.
C. Why are dividends to shareholders not disclosed in the Statement of Comprehensive Income?
D. Calculate the retained earnings for the year ended 31 December 2022.
E. Critically assess the performance of the company from the information provided with particular attention to sales, gross margin ratio, distribution expenses, administration expenses and profit after tax.