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URGENT PLEASE HELP ME. CAN ANYONE ANSWER THIS QUESTION Q2. (a) As the accountant for Prolific Sdn. Bhd., you will be doing the analysis of
URGENT PLEASE HELP ME. CAN ANYONE ANSWER THIS QUESTION
Q2. (a) As the accountant for Prolific Sdn. Bhd., you will be doing the analysis of the company's financial position and present the report to the CEO. While preparing for the presentation, you realised that the information of the company's net profit after tax is missing for the recent year. Therefore, you are required to find the company's net profit after tax based on the following available information in order to complete the report. Return on total assets = 3% Total asset turnover = 0.4 Cost of goods sold = RM135,000 Gross profit margin = 0.25 (7 marks) (b) Among the various profitability ratios, which one do you think is most likely of greatest concern to the investing public? ExplainStep by Step Solution
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