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1 . calculate cost of good sold and income statement for January 2016if income tax 25%? 2. calculate return to equity ratio and interpret this
1 . calculate cost of good sold and income statement for January 2016if income tax 25%?
PT ABC is a manufacturing company in the country. The company calculates its sales and profitability monthly. The balanced sheet of PT ABC in 1 January 2016 is exhibited as bellow: Balanced Sheet of PT ABC in January 2016 (in Billion IDR) During January 2016 the company bought materials, produced finished goods, paid expenses for sales and general administration cost, and sold its finished goods as explained in the following table. If there are no ending inventory and 80% of these transactions have been paid by the customers the others were in Account Receivable (A/R), please calculate: "Calculate cost of goods sold and Income Statement PT ABC for January 2016 if income tax 25%. "Calculate return to equity ratio and interpret this financial condition 2. calculate return to equity ratio and interpret this financial condition?
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