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Selected information from the financial statements for PSC Company Ltd for the years ended 30 June 2020 and 30 Jun 2021 is below: C Net-sales
Selected information from the financial statements for PSC Company Ltd for the years ended 30 June 2020 and 30 Jun 2021 is below: C Net-sales (all credit) Cost:of goods.soldo Interest expenses Income tax expenses Net profit-after-taxo Accounts receivable (30-June) a Inventory 30 June Issued ordinary-shares-($1) Total-assetsa 20200 $o 500-0000 370-0000 15.0000 12-0000 30-0000 75.0000 140-0000 300.000 450-0000 202100 $0 850.000da 520.000da 20.000da 25.000da 45.00000 120.000do 220.000da 340.000da 650.000da Ratiosa Return on assetso Return on salesa Return on shareholders' equitya Average collection periodo Inventory.turnovera 20200 12.7% 11.4% 10% 55 days 2.6-times 20210 13.84% 10.58% 13.23% 41 days 2.88.timeso Write a brief report to shareholders commenting on the profitability of PSC Company Ltd
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