(ii) Comment on the figures in the statement prepared in (a)(i) above. (4 marks)

(ii) Comment on the figures in the statement prepared in (a)(i) above. (4 marks)

(ii) The statement of product profitability shows that CTC is forecast to achieve a profit of $2·185 million in 2008 giving aprofit:sales ratio of 11·9%. However, the forecast profit in 2009 is only $22,000 which would give a profit:sales ratioof just 0·1