Ethical Compliance

APEX FROZEN FOODS

APEX FROZEN FOODS

Revenue

0.2%

Debt

15.7%

Liquidity

1.6%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Food Products
₹758.99

  Export Incentives
₹43.34

  Scrap Sales
₹1.77

  Other Income
₹1.61

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹1.58

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹1.58
Total:₹1.58
Total Revenue:₹807.29

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹1.58

₹807.29

= 0.2%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.