Year ended 31 December Year ended 31 December 2020 2019 Notes 18 Sales Cost of sales Gross profit Other income General and administrative expenses Marketing and distribution expenses Loss from operations Finance costs Loss for the year before tax _Income tax Loss for the year after tax Other comprehensive income for the year _Total comprehensive loss for the year Basic loss per share RO 1,549,348 |(1,442,515) 106,833 6,008 (250,252) (90,026) (227,437) |(157,612) (385,049) RO 1,404,717 |(1,310,882) 93,835 8,633 (231,199) (88,781) (217,512) (116,705) (334,217) 19 20 21 23 27 (385,049) (334,217) (385,049) (0.193) (334,217)_ (0.167) 24

Q: What do the Retained earnings represent?

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Q: How does the lower of cost or market relate to profit margins?

A: Answer: The lower cost or market implies that, depending on how historical costs and market costs…

Q: In general, what is the concept of earnings and profit designed to represent?

A: When addressing the bottom line of a company's income statement, the concept of earnings is most…

Q: What impact does an increase in revenue have on retained earnings?

A: Revenue, almost referred to as gross sales and it affects retained earnings since any increases in…

Q: How did they get the income summary?

A: Lets understand the basics. Income summary is summary which reflects the all the revenue and expense…

Q: What is operating profitability ratio (OP)?

A: These ratios evaluate a firm’s ability to earn profits. They help the stakeholders of the company to…

Q: Why must a cost be assigned to retained earnings?

A: Likewise, debt and equity financing, retained earnings has also some cost. The predictor care about…

Q: What is the relationship between profitability and efficiency, liquidity, investment, and efficiency…

A: (1) Financial Ratios will express financial Quantity concerning another financial ratio. (2) These…

Q: Define how costs of goods and other costs such as taxes contribute to the performance besides sales?

A: Performance of the business is usually measured by the ability of the company to generate the net…

Q: Why are Earnings per Share important?

A: The ratio analysis helps to analyse the financial statements of the business on the basis of various…

Q: What's the difference between the profit margin and gross margin ratio?

A: Ratio is the arithmetic relationship between two figures. Accounting ratios shows the…

Q: How can we determine the net income from operations and then adjust the net income?

A:

Q: How is the profit margin on sales calculated?

A: Profit margin on sale: it's categorized under profitability ratio , generally this ratio is used to…

Q: What are the pitfalls of franchising?

A: Franchising is a licensing that one party takes from the business owner. It allow that party to…