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Ma'aden (Saudi Arabian Mining Company) released its financial statements for the fiscal year ending December 31, 2023, with the following data: Income Statement: Total Revenue:

Ma'aden (Saudi Arabian Mining Company) released its financial statements for the fiscal year ending December 31, 2023, with the following data:

Income Statement:

  • Total Revenue: SAR 8,000,000
  • Cost of Goods Sold: SAR 3,500,000
  • Operating Expenses: SAR 2,000,000
  • Net Income: SAR 2,500,000

Balance Sheet:

  • Total Assets: SAR 15,000,000
  • Total Liabilities: SAR 5,000,000
  • Shareholder's Equity: SAR 10,000,000

a) Compute the gross profit margin and net profit margin for Ma'aden. b) Calculate the current ratio and debt-to-equity ratio for Ma'aden. c) Evaluate Ma'aden's financial performance based on the calculated ratios.

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