From the table above, analyze and interpret the calculated financial ratio for Profitability Ratio of Top Glove
Fantastic news! We've Found the answer you've been seeking!
Question:
From the table above, analyze and interpret the calculated financial ratio for Profitability Ratio of Top Glove and Hartalega in 2020 as well as recommend which company should Salam Berhad invest in with proper justification.
Transcribed Image Text:
RATIO TOP GLOVE HARTALEGA Gross profit margin: 2850417 741535676 х 100 х 100 Gross profit 7237427 2924313603 х 100 Revenue = 39% = 26% Net profit margin 1788830 434397384 х 100 х 100 7237427 2924313603 Net profit after taxes х 100 Net sales = 25% 15% RATIO TOP GLOVE HARTALEGA Gross profit margin: 2850417 741535676 х 100 х 100 Gross profit 7237427 2924313603 х 100 Revenue = 39% = 26% Net profit margin 1788830 434397384 х 100 х 100 7237427 2924313603 Net profit after taxes х 100 Net sales = 25% 15%
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
From the table above, analyze and interpret the calculated financial ratio for Liquidity Ratio of Top Glove and Hartalega in 2020 as well as recommend which company should Salam Berhad invest in with...
-
From the table above, analyze and interpret the calculated financial ratio for the Working Capital Ratio of Top Glove and Hartalega in 2020 as well as recommend which company should Salam Berhad...
-
Using the two profit/loss amounts from the table above and an Excel Spreadsheet, create a table showing the distribution of Profit or Loss to the partners. Include under the table, the journal...
-
The cylinder in the figure has a radius of 2 ft and rolls without slipping on the horizontal surface. The bar AB is attached to the periphery of the cylinder by a pin at point A. The other end of the...
-
Consider two firms, one with an FF rating and one with an FFF rating. What is the probability that after 4 years each will have retained its rating? What is the probability that each will have moved...
-
The ownermanager of Good Guys Enterprises obtains utility from income (profit) and from having the firm behaves in a socially conscious manner, such as making charitable contributions or civic...
-
You are calling on a very large company that has the potential to become your largest customer. How could your sales manager help you be successful in negotiations with this potential customer?
-
In 2013, the Marion Company purchased land containing a mineral mine for $1,600,000. Additional costs of $600,000 were incurred to develop the mine. Geologists estimated that 400,000 tons of ore...
-
The height of a person above the ground on a Ferris wheel is given by the function: 1 H (t) = 9 sin - 20 +12 2 where H(t) is the height in metres of the person t seconds after taking a seat on the...
-
Lessee Ltd (1.e., the lessee) signed a contract with Lessor Ltd (1.e., the lessor) to lease items of office equipment. You are provided with the following lease details: Commencement date Lease term...
-
Complete the calculation for both Actual Vehicle Expense and the Standard Mileage rate (57.5/mile): Total Miles = 25,000 Business Miles = 12,500 Personal Use Miles = 12,500 Gas = $1,664 for the year...
-
Compare the control account of Table 7.8 with the finished goods account of Table 7.3 to satisfy yourself that they are the same. Then satisfy yourself that the separate job accounts in Table 7.8 add...
-
Compare the control account of Table 7.6 with the production overhead account of Table 7.3 to satisfy yourself that they are the same. Then satisfy yourself that the separate wages accounts in Table...
-
The straight line approximated torque-speed curve of AC servo motor for rated control voltage \(115 \mathrm{~V}, 50 \mathrm{~Hz}\) is shown in Fig. P9.4. The moment of inertia of motor is \(10^{-5}...
-
Commenting on the results and the outlook, David Suddens, Non-executive Chairman said: Last year was a very challenging one for the Company. We have since made a number of difficult decisions in...
-
Compare the control account of Table 7.4 with the materials inventory account of Table 7.3 to satisfy yourself that they are the same. Then satisfy yourself that the separate job accounts in Table...
-
An isothermal gas-phase decomposition reaction is given by Eq. 1: A B C (Eq. 1) The reaction is set at 300 F and 10 atm. The reaction takes place in a 2-m plug flow reactor (PFR) that initially has A...
-
Suppose you won a financial literacy competition and are given FJS10000 to invest, with the condition that investment can be done either in, i) Invest in Unit trust of Fiji or Invest in Fijian...
-
The two surfaces of a double convex, thin lens made of plastic each have an absolute value of radius of curvature of \(1.8 \mathrm{~mm}\). If the focal length of the lens is \(4.5 \mathrm{~mm}\),...
-
The radius of curvature of one surface of a glass lens \((n=1.45)\) is \(1.50 \mathrm{~m}\). If sunlight is focused at a point \(0.300 \mathrm{~m}\) away from the lens, what is the radius of...
-
You have a thin lens that is convex on both surfaces. The material of which the lens is made has index of refraction \(n=1.40\), and the radii of curvature are \(\left|R_{1} ight|=300 \mathrm{~mm}\)...
Study smarter with the SolutionInn App