Refer to the Arlen financial statements and answer the following questions.
a) What is the difference between sales and cost of sales equal to?
b) What is the gross margin percentage? (Hint: Gross Margin over Sales Revenue)
c) What is the net income percentage?
d) What is the EBIT? (Hint: First determine what EBIT stands for)
e) Is there any amortization shown in these financial statements?
f) Are dividends a taxable expense on the income statement?
g) What is the book value of the Plant?
h) What is the ratio of current assets to current liabilities?
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