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Almarai Company, a leading dairy and food products company in Saudi Arabia, reported the following financials for the fiscal year ending December 31, 2023: Income
Almarai Company, a leading dairy and food products company in Saudi Arabia, reported the following financials for the fiscal year ending December 31, 2023:
Income Statement:
- Total Revenue: SAR 15,000,000
- Cost of Goods Sold: SAR 7,500,000
- Operating Expenses: SAR 3,000,000
- Net Income: SAR 4,500,000
Balance Sheet:
- Total Assets: SAR 25,000,000
- Total Liabilities: SAR 10,000,000
- Shareholder's Equity: SAR 15,000,000
a) Calculate the gross profit margin and net profit margin for Almarai Company. b) Determine the current ratio and debt-to-equity ratio for Almarai Company. c) Provide insights into Almarai's financial performance based on the calculated ratios.
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