Question: 9/5 Ratio puzzle 2 The following data are based on company Letas financial statements at year-end 20X7: Equity 3,600 Interest expense 413 Net operating margin
9/5 Ratio puzzle 2
The following data are based on company Letas financial statements at year-end 20X7:
| Equity | 3,600 |
| Interest expense | 413 |
| Net operating margin | 24% |
| Return on equity | 22% |
| Income tax rate | 10% |
You are asked to use these data to complete company Letas statement of profit or loss for its financial year ending 31 December 20X7, using the following format:
| Sales |
|
| Cost of sales and other operating expenses |
|
| Profit before interest and tax |
|
| Interest expense |
|
| Profit before tax |
|
| Income tax expense |
|
| Profit for the period |
|

9/5 Ratio pucele 2 The tolowing data are baced on company lata's Mnancial statements a year and 2007: Equity 3,000 413 interesten Net Operating margin Return on equity income tax rat 247 229 309 You are asked to use these data to complete company Let's statement of profit or kios for its financial year ending 1 Dener 2007, wing the following format: Sale Cost of us and other operating perses Prorit before interest and tax Interest expand Pront before tax income tax experts Proit for the red 9/5 Ratio pucele 2 The tolowing data are baced on company lata's Mnancial statements a year and 2007: Equity 3,000 413 interesten Net Operating margin Return on equity income tax rat 247 229 309 You are asked to use these data to complete company Let's statement of profit or kios for its financial year ending 1 Dener 2007, wing the following format: Sale Cost of us and other operating perses Prorit before interest and tax Interest expand Pront before tax income tax experts Proit for the red
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