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FIN621 Assignment 1 Solution fall 2012

FIN621 Particulars Note Amount Rs. Sales Less: Cost of Goods Sold     17,000,000 5,700,000 Gross Profit   11300000 Less: Administrative Expenses Less: Selling Expenses   2,600,000 4,000,000 Operating Profit   4,700,000 Other Expenses   Nil Earning Before Interest and Tax (EBIT)   4,700,000 Income Tax (30%)   1,410,000 Profit After Tax   3,290,000 Please note that the one time ... Read More »