Case Analysis: Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who has over 15 years of experience with a major garment manufacturer. And the partnership initially blended very well. Ahmed is extremely creative with a real talent for merchandising. Mainly because of his knowledge, the AIF is known for its quality and “in” fashions. Salim has contributed to merchandising and marketing ideas but has mainly assumed the duties of the firm’s chief operating officer. Ahmed has had little interest in the financial aspects of
Case Analysis:
Al Ismail Fashions (AIF) is a garment company, located in Alkhwair Muscat, which consists primarily of much smaller garment makers. AIF was started 13 years ago by Ahmed and Salim, who has over 15 years of experience with a major garment manufacturer. And the
If
total fixed assets = 31420 OMR
Total long-term liabilities =9970
Total current assets = 18930
Total current liabilities =4765
Shareholders' funds=35615
Capital employed= 45585
Return of Capital Employed Ratio = 249.97%
Return on Equity ratio= 3.199 or 319.9%
Gross Profit ratio = 53.03%,
Net Profit Margin ratio = 34.53%
Q1:Give a brief report on the financial position of the company based on the above figures
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