Below is the income statement of Aks SECTION A Autherists share capital

Issued anil fully paid share capital

Condensed Profit & Loss Account for the ycar enided ay$"$ Decembec, $2001$

Sales

Less Castor coods Sold

Gross Profii

Less

$12,600,000$

$\frac{11,010,000}{1,600,000}$

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Adfnimistrative Expenges

Selling Expenses

tent

Depreciation

Luss frecome Tiax $(4$s$\%)$

Loss Dividead

Tringferted to General Reserves

$120,070$

$68,000$

Sclect frve major ratios and apply them is the above and comment on their relevience