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Al Wasl Corporation Conaparative Balance Sheets December 31, 2015-2014 2015 AED 1,600,000 1,900,000 3.500.000 2014 AED 1,275,000 1,225,000 2.500.000 Assets Total Current Assets Net Fixed
Al Wasl Corporation Conaparative Balance Sheets December 31, 2015-2014 2015 AED 1,600,000 1,900,000 3.500.000 2014 AED 1,275,000 1,225,000 2.500.000 Assets Total Current Assets Net Fixed Assets Total Assets Liabilities Total Current Liabilities Long Term Debt Total Liabilities Stockholders' Equity Common stock and paid-in surplus Retained Earnings Total Stockholder Equity 675,000 325,000 1,000,000 450,000 250,000 700,000 1,775,000 725.000 2.500.000 1,125,000 675,000 1.800.000 Total Stockholder Equity and Total Liabilities 3,500,000 2.500,000 Superpower Corporation Comparative Income Statements For Years Ended December 31, 2015-2014 2014 AED Sales Earnings Before Interest and Taxes Interest Expense Income Before Tax Income Tax Expense Net Income 2015 AED 1,000,000 675,000 (75,000) 600,000 (120,000) 480,000 600,000 375,000 (50,000) 325,000 (85,000) 240,000 a. Calculate Profit Margin and Return on Equity (ROE) for 2015
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