PERFECT CIRCLE COMPANY STATEMENTS OF COMPREHENSIVE INCOME FOR THE YEARS ENDED DECEMBER 31, 2020 and 2019 NET SALES (Note 12) COST OF GOODS SOLD (Schedule 1) GROSS PROFIT ON SALES OPERATING EXPENSES ‘Marketing/Distribution Expenses (Schedule 2) ‘Administative/General Expenses (Schedule 3) ‘Total Operating Expenses NET OPERATING PROFIT (OTHER INCOME Gain on Sale of Equipment Gain from Expropriation of Assets Interest Income ‘TOTAL INCOME (OTHER EXPENSES Interest Expense Casualty Loss ‘Total Other Expenses PROFIT BEFORE INCOME TAX INCOME TAX EXPENSE NET PROFIT Vertical Analysis Horizontal AnalysisNAME FINANCIAL RATIOS 01, Current Ratio [ 02. Quick Asset Ratio [ 03, Trade Receivable Tumover [ 04 Average Collection Period [ (05. Raw Materials Inventory Turnover [ 06, Average Age of Raw Materials (07. Work in Process Inventory Turnover [ 08, Average Age of Work in Process 09, Finished Goods Tumover [ 10. Average Age of Finished Goods [ 11, Working Capital [ 12, Working Capital Turover [ 13, Current Assets Turnover [ 14, Trade Payables Turnover 15. Days Cash [ 16, Operating Cycle [ 17, Cash Ratio [ 18, Defensive Interval Ratio [ Solvency/Stabilty Ratios: 01. Debt-to-Equity Ratio [ (2, Debt Ratio [ 6. Bquity Ratio i 04, Book Value Per Share [ 05. Times-Interest-Earned [ 06. Times Preference Dividend Requirement Earned [ 07, Times Fixed Charges Eamed [ (08, Cash Coverage Ratio [ |]Beastarenan 1. Gross Profit Margin [ 2, Operating Profit Margin [ 03, Net Profit Margin [ 04, Retum on Assets (ROA) [ (05. Retum on Equity (ROE) [ 06, Eamings Per Share [ Growth Ratios, 01, Price-Bamings Ratio [ Dividend Payout [ Dividend Yield [ Dividend Per Share [ & £8 8 Rate of Retum on Current Assets [