BBF201I03 INTRODUCTION TO FINANCIAL MANAGEMENT SEPT 2022 ASSIGNMENT 1 QUESTION 3 (50 MARKS) You have been hired as a financial analyst by Maybank Berhad. Your task is to analyse the present financial condition of Petrox Berhad. You are provided with the following 2021 Statement of Financial Position and Statement of Profit or Loss information for Petrox Berhad. In addition, you are told that Petrox Berhad has 12,500,000 shares of ordinary shares outstanding, currently trading at RM1'I.25 per share, and has made annual purchases of RM262,500,000. PETROX BERHAD STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME for the year ended 31 December 2021 RM Net Sales (all credit) 375,000,000.00 Less: Cost of Goods Sold 312,500,00000 Earnings Before Interest and Taxed ($2,500,000.00 Less: Interest Expense $0,000,000.00 Earnings before taxes 12,500,000.00 Less: Taxes 40% 5,000,000.00 Net Income 7,500,000.00