Study the following comparative profit and loss and financial position statements for Phoenix Energy for the years 2015 and 2016. The current market price for Phoenix Energy is OMR 0.420 Instructions: Based on the information provided,

a. Examine the following ratios for the years 2015 and 2016.

1. Earnings per share. 2. Inventory turnover. 3. Total assets turnover. 4. Times interest earned. 5. Operating profit margin. b. Critically evaluate the profitability and the efficiency of the company over the two year period.