A) You are provided with Profit and Loss Account and extract of key financials from...
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Accounting
A) You are provided with Profit and Loss Account and extract of key financials from Balance sheet for 2 years for a Trading concern. Interpret and analyze their financial performance ( 10 Marks) Revenues from Operations Cost of Goods sold Gross Profit Selling and Admin Expenses Profit before Interest and Tax Interest Expense Profit before tax Income tax Profit after tax 2021 500 275 225 160 65 5 60 15 45 (Rsin lakhs 2020 Absolute change % change 450 50 11% 250 25.00 10% 200 25.00 13% 150 10.00 7% 50 13.00 30% 5 0.00 0% 45 15.00 33% 11 4.00 36% 34 11.00 32% Key financial Parameters - Extracted from Balances sheet 2021 900 120 150 950 75 Property Plant and Equipment Inventories Trade receivables Equity Share Capital Borrowings (Debt) Trade Payables 100 (Rsin lakhs) 2020 Absolute change % change 900 0.00 0% 20.00 20% 120 30.00 25% 950 0.00 0% 50 25.00 50% 200 50.00 25% 250
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