Question: from income statment answer these question Assignment Questions: |L.0.3] (10 Marks) Refer to the attached financial statements then compute the following: 1. Comparative Analysis for

from income statment answer these question  from income statment answer these question Assignment Questions: |L.0.3] (10 Marks)
Refer to the attached financial statements then compute the following: 1. Comparative
Analysis for the Balance sheet 2. Common-size analysis for the income statement

Assignment Questions: |L.0.3] (10 Marks) Refer to the attached financial statements then compute the following: 1. Comparative Analysis for the Balance sheet 2. Common-size analysis for the income statement 3. ROA = 4. Profit Margin 5. A/R Turnover: 6. Collection Period (or days in receivables): 7. Inventory Turnover: 8. Days in Inventory 9. Fixed Assets turnover: Year ended 31 December 2019 Notes RO 20 21 Income Revenue Cost of revenue Gross profit Other income Year ended 31 December 2020 RO 23,396,383 (14,914,779) 8,481,604 31,627 8,513,231 19,853,148 (13,657,124) 6,196,024 22 71,296 6,267,320 Expenses Salaries and other employee related costs General and administrative expenses Selling and distribution expenses 23 24 25 (1,644,370) (374,094) 12.499,210) (4,517,674) 3.995,557 (1,621,163) (434,289) (2,357,589) (4,413,041) 1,854,279 Profit from operations for the year Net gains from investments at fair value through profit or loss Finance income Finance costs 26 27 782,625 363,166 (32.026) 558,264 (35,192) 2,377,351 28 5,109,322 (766,552) 4,342,770 (352,485) 2,024,866 Net profit before tax for the year Taxation Net profit after tax for the year Other comprehensive income: Items that will not be reclassified to profit or loss: Changes in fair value through other comprehensive income investments Deferred tax credit / (charge) on fair value through other comprehensive income investments Other comprehensive (loss) / income for the year Total comprehensive income for the year Basic earnings per share (RO) (107,793) 449,116 28 16,169 (67,367) (91,624) 381,749 4,251.146 2,406,615 30 0.015 0.007 1 1 1 Al Anwar Ceramic Tiles Company SAOG Statement of financial position as at 31 December 2020 Notes 31 December 31 December 2020 2019 RO ASSETS Non-current assets Property, plant and equipment 13.392,335 14.352.670 Right-of-use aset 528.3.2 600.614 Fair value through other comprehensive come Investments 2.167,089 2,228,707 Total non-current assets 16,608, 306 17,182,071 Current assets Fair value through profit or los investments 7.321,004 Debt instruments at amortised.com 10 10,299,99 11.019,390 Inventories 10 3.555.04 4,661,00 Trade and other recevables 12 8,022.770 8,399.499 Cash and cash equivalents 789,250 1.480,722 Total current assets 25,501.049 Total assets 46,076, 773 42,483, 120 EQUITY AND LIABILITIES Capital and reserves Share Capital 29.621.00 29,621,368 Legal reserve 7,100,236 6,665,950 Retained earnings 4.184,083 2,052,672 Equity investment reserve 014.346) 1522,772) Total capital and reserves 17,717,427 Non-current abilities Non-current portion of less listes 461,931 490.406 Employees' benefitabilities 869.818 744,488 Deferred tak aby 26,90 399,110 Total non-current abilities 1.657,47 1,658,074 Current abilities Current portion of lease brities 92,517 124,624 Trade and other payables 3.10.17 2,148,153 Income tax payable 20 224,091 414,542 Total current liabilities 4.227.535 1,107,619 Total abilities 5.885.482 4,965,693 Total equity and abilities 46.076, 77 0.653.120 Net assets per share IRO) 0.136 0.127 These financial statements, as set out on pages 6 to 3, were approved and authorised for me by the Board of Directory on 2 February 2021 and signed on their behalf by Mr. Hussain Al Saat Chairman Mr. Mohammed Senan Hussein Al Tahananen Deputy Chairman

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