Question
STUDY the following mfg plc. published account... year.................................2020 2019 current asset......................9929 1129 liability twice the 2019 current asset, and 2020 was 3.75 time 2019. Revenue................................2,319,327
STUDY the following mfg plc. published account...
year.................................2020 2019
current asset......................9929 1129
liability twice the 2019 current asset, and 2020 was 3.75 time 2019.
Revenue................................2,319,327 1, 351,973
Cost of goods sold.............. 730,004 826,946
Gross profit..........................19.34% 11.95%
Selling & Distri.....................415,066 415,553
Admin expenses.................211,403 312,263
depreciation...........................1,581 1,531
Operating profit..................... // //
other income................................87 20
Net fin. income(expense).....185 (475)
Net profit b.4 tax..............1,545 1,223
tax exp/credit.................(278) (400)
net profit......................??? ??
Questions.
compute
one Ratio each in solvency, profitability and liquidity. show the workings and GIVE YOUR INTERPRETATIONS.(ANALYSIS).
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