Question:

Extracts for calculating, comparing, and evaluating ratios $($profitability$)$ using range of measures

and benchmarks $($horizontal and vertical analysis$)$ based on financial statements:

Data to calculate profitability ratios

Balance Sheet $($figures in OMR$)$

Moon Ltd$.$

Sun Ltd$.$

Noncurrent $($fixed$)$ assets

$12130$

$6800$

Current assets

Receivables

$8000$

$13000$

Inventory

Total assets

Share capital

$10\%$ Loan

$6620$

$6950$

$26750$

$26750$

$16000$

$3000$

$5,000$

$17,000$

Current liabilities $($payables$)$

Total Liabilities $+$ Equity

$5750$

$6750$

$26750$

$26750$

Income Statement $($figures in OMR$)$

Moon Ltd$.$

Sun Ltd$.$

Sales revenue

$30000$

$25000$

Less: Cost of sales

$6000$

$10000$

Gross profit

$24000$

$15000$

Less: Expenses

$5000$

$2000$

Profit before interest & tax

$19000$

$13000$

Less: Interest

$175$

$150$

$18825$

$12850$

Less: Tax @ $10\%$

$1883$

$1285$

Profit after tax

$16943$

$11565$

Please don't use A$......$ and give answer properly by giving answer of all ratios, compare and

analyze them.