Question
Extracts of the P&L and Balance Sheet of Alpha PLC are as follows (All figures in $ mn): Profit & Loss Statement for the year
- Extracts of the P&L and Balance Sheet of Alpha PLC are as follows (All figures in $ mn):
Profit & Loss Statement for the year ended 31st March
| 2021 | 2020 |
Sales | 350 | 300 |
Less Cost of Sales | (200) | (175) |
Gross Profit | 150 | 125 |
Less Expenses | (50) | (60) |
Profit before interest | 100 | 65 |
Less Interest Expenses Profit Before Tax Less - Tax Profit After Tax | (20) 80 (10) 70 | (20) 45 (15) 30 |
Balance Sheet as at 31st March
| 2021 | 2020 |
Fixed Assets | 300 | 350 |
Current Assets Stocks | 400 | 200 |
Stocks | 50 | 50 |
Total Assets | 750 | 600 |
Liabilities | 400 | 300 |
Equity | 350 | 300 |
Total Liabilities | 750 | 600 |
Price of a share - $ 10.00. Number of shares issued 100,000
Compute 2 profitability ratios, 2 liquidity ratios, 2 efficiency ratios and P/E ratio.
Interpret your answers.
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