Question
Sales $200,000 Interest expenses $10,000 Tax $5,000 Administration expenses $2,000 Advertisement expenses $1,000 Cost of goods sold (COGS) $95,000 Utility $20,000 Raw material $30,000 I.
Sales $200,000
Interest expenses $10,000
Tax $5,000
Administration expenses $2,000
Advertisement expenses $1,000
Cost of goods sold (COGS) $95,000
Utility $20,000
Raw material $30,000
I. Prepare an income statement for company AKM for 31 December 2021.
II. Based on the income statement calculate and explain the profitability ratio and leverage ratio.
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Risk Adjusted Performance And Bank Governance Structures
Authors: Christoph Böhm
1st Edition
3631639163, 3653027306, 9783631639160, 9783653027303
