Question: plz answer all question its 1 question Question 38 Not yet answered Marked out of 4.00 Flag question MHD Company Income Statements for the years





Question 38 Not yet answered Marked out of 4.00 Flag question MHD Company Income Statements for the years Ended June 30 2020 2019 $ $ Revenue 6,336.3 5790.4 Cost of sales 1,617.4 1476.3 Gross profit 4,718.9 4,314.1 Selling and Administrative Expenses 4,007.6 3679 PBIT 711.3 635.1 Interest Expense 13.9 27.1 PBT 697.4 608.0 Income Tax 291.3 232.6 Net Profit 406.1 375.4 MHD Company Statement of Financial Position as at June 30 Assets 2,020 2019 Current assets $ $ Cash and Cash equivalents 553.3 611.6 Accounts Receivable 776.6 664.9 Inventory 768.3 653.5 Other Current Assets 204.4 269.2 Total Current Assets 2,302.6 2,199.2 Investments 12.3 12.6 Non Current Assets 1,570.9 1,496.3 Total Assets 3,885.8 3,708.1 Liabilities and Shareholder's Equity Current liabilities 1,497.7 1,322.0 Long Term Liabilities 679.5 637.1 Share Capital 1,708.6 1,749.0 Total 3,885.8 3,708.1 a. Current Ratio > 1.5:1 1:1 2.1:1 Inventory Turn 1.7:1 h b. Inventory Turnover 2.3 times 2.4 times 2.5 times 2.1 times C. Profit Margin 11.2% 11.0% 6.5% 6.4% d. Interest Cover 29.2 times 51.2 times 23.4 times 50.1 times
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