Exhibit 1: MSS Manufacturing Berhad, Statement of Financial Position as at 31 December 2020 Exhibit 2: MSS Manufacturing Berhad, Statement of Profit and Loss for the year ended 31 December 2020 4. One of the steps that Emily could have taken upon processing MSS's loan application is to analyse the company's financial standing. You are required to: a) Prepare MSS's common-sized balance sheet and income statement using the financial data provided in Exhibit 1 and Exhibit 2. (10 marks) b) Analyse the company's financial standing based on the common-sized balance sheet and income statement. You may support your analysis with other relevant financial ratios. (20 marks) Page 5 of 6 c) From the analysis, justify whether you would have rejected or approved MSS's loan application. (5 marks) Exhibit 1: MSS Manufacturing Berhad, Statement of Financial Position as at 31 December 2020 Exhibit 2: MSS Manufacturing Berhad, Statement of Profit and Loss for the year ended 31 December 2020 4. One of the steps that Emily could have taken upon processing MSS's loan application is to analyse the company's financial standing. You are required to: a) Prepare MSS's common-sized balance sheet and income statement using the financial data provided in Exhibit 1 and Exhibit 2. (10 marks) b) Analyse the company's financial standing based on the common-sized balance sheet and income statement. You may support your analysis with other relevant financial ratios. (20 marks) Page 5 of 6 c) From the analysis, justify whether you would have rejected or approved MSS's loan application