Case 1.Shan Food is in the business to sell spices and is the leading brands in Pakistan. The asset of the company includes factory worth 200 million, 25 million of inventory, investment 45 million, cash 20 mn, car fleet worth 60 mn and total assets are worth 300 million on the balance sheet as on Dec 2019 The overall conventional debt is 40 million. Total share issued at face value of Rs 25 are 6 million 6 of 6 The company has 25 mn investment of its total assets in a conventional mutual funds and however all the cash is invested in a Islamic bank. The gross revenue of the company is 450 million including the income from conventional fund investment of 15 million and from Islamic bank of 5 million. The shares of company are being traded @ Rs. 120/share (market value) whereas the face value of each share is Rs. 25 Your friend in Stock Exchange is asking you to buy its share as the company is about to announce dividends and has got unusually high profits. Evaluate the offer as per stocks screening criteria of KMI-30 index for investment. Q.Show if the share is compliant or not on each criteria separately and as a whole, so your friend can take a decision Case 1.Shan Food is in the business to sell spices and is the leading brands in Pakistan. The asset of the company includes factory worth 200 million, 25 million of inventory, investment 45 million, cash 20 mn, car fleet worth 60 mn and total assets are worth 300 million on the balance sheet as on Dec 2019 The overall conventional debt is 40 million. Total share issued at face value of Rs 25 are 6 million 6 of 6 The company has 25 mn investment of its total assets in a conventional mutual funds and however all the cash is invested in a Islamic bank. The gross revenue of the company is 450 million including the income from conventional fund investment of 15 million and from Islamic bank of 5 million. The shares of company are being traded @ Rs. 120/share (market value) whereas the face value of each share is Rs. 25 Your friend in Stock Exchange is asking you to buy its share as the company is about to announce dividends and has got unusually high profits. Evaluate the offer as per stocks screening criteria of KMI-30 index for investment. Q.Show if the share is compliant or not on each criteria separately and as a whole, so your friend can take a decision