Dominos Pizza Income Statement - interest expense and salary expense are calculated over what period?

In the advance income statement quiz the salary expense question was answered as per the quarterly statement contrary to the additional interest expense question which was answered as per the yearly statement. Please clarify.

1 Answer(s)


Gaurav, I just looked at the answer choices and it appears that both have been answered as per the yearly numbers and not quarterly.

The yearly salary increases is 31% and the interest expense increase is Rs.40.84 million. In case of the salary expense the answer is 31% for both quarterly and yearly - hence maybe the confusion ?

Please let me know if this is not clear.

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