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Q4. Considering the following Income statement of ABC company, Calculate the following Ratios for Year 2020: (5 marks) 1. Gross profit Ratio 2. Operating profit
Q4. Considering the following Income statement of ABC company, Calculate the following Ratios for Year 2020: (5 marks) 1. Gross profit Ratio 2. Operating profit ratio 3. Operating expense ratio 4. Net profit Ratio 5. Interest Coverage Ratio Income Statement, 2020 2020 (Rupees '000) Net sales Cost of sales Gross profit 53,601,512 (37,556,552) 16,044,960 Other income Selling and distribution expenses Administrative expenses Other expenses Operating (loss) / profit 122,211 (1,339,086) (711,411) (826,752) 13,289,922 Finance cost Share of profit of equity-accounted investees - net of tax (Loss) / profit before tax (1,498,473) 1,454,101 13,245,550 Income tax credit/(charge) Profit for the year (3,148,265) 10,097,285
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