1) Income statement of Avinash & Co. Ltd for the year ending 31* march 2020 and 2021 are given. Prepare from these common Size Income statement and Interpret the Same :: Income Statement for the year ended 2020 & 2021 (2020) 520000 345000 Sales Gross Profit Direct Expenses Indirect Expense Income Tax (2021) 650000 420000 180000 55000 20% 150000 45000 20% (3) 2) Compare the position of given two companies :- (3) Bitd. Particulars Sales A itd. 800000 1000000 Gross Profit 250000 180000 80000 90000 200000 400000 Indirect Exp. Debtors Calculate - a) Net Profit Ratio b) Gross Profit Ratio c) Debtor Turnover Ratio 3) From the following information calculate cash flow from Investing activities:- (3) 31-03-2019 800000 100000 300000 Particulars 31-03-2018 Plant & Machinery 600000 Non Current Investment 50000 Land 200000 Additional Information :- a) Depreciate Plant & Machinery by 40000 b)Plant & Machinery book value 60000 was sold for Rs. 40000 c) Land sold during the year was Rs. 50000