You are engaged in the annual audit of the financial
statement of moon star limited. Which operates and develops the
commercial real estates, properties. The following information’s
are extracted from the balance sheet and income
statement.
Particulars
2018 (OMR)
2019(OMR)
Sales
25,000
30,000
Cost of goods sold (CGS)
10,000
10,000
Gross Profit (Sales-CGS)
15,000
20,000
Profit before tax
6,500
5,500
Inventories
2,000
4,000
Total current liabilities
10,000
15,000
Total current assets
25,000
40,000
Financial Analysis 2018
Financial Analysis 2019
Industrial...