No: 01 2 The following 28584 The following are the summarized financial statements of your competitors. Particulars 7 Particul Sales 2Cost of Sales Gross Margin Statement of Income & Expenditure for the year ended 31st March Operating Expenses Administration Selling and Distribution (Figures in Rs. Lakhs) 2021 2022 64 79 49.25 59.85 14.75 19.15 Profit Before Interest and Tax (PBIT) Interest Profit Before Tax (PBT) Provision for taxes Profit After Tax (PAT) 4.46 5.32 2.78 2.99 7.51 10.84 2.43 3.32 5.07 7.51 1.26 1.87 3.81 5.7 Note: 1. Credit sales have been 89.13% and 90.9% of the total sales in the years 2020-21 and 2021-22 respectively. 2. Total number of shares outstanding (company's shares currently held by all its shareholders) is 1.25 lakhs. 3. The company follows a policy of paying 40% profit after tax as dividend as there are tremendous expansion Particulars Assets culars | */ 2032 al num 2. Total number of shares outstanding (company's shares currently held by all its shareholders) is 1.25 lakhs. 3. The company follows a policy of paying 40% profit after tax as dividend as there are tremendous expansion opportunities. 76262 20 Fixed Assets (Net) Current Assets Inventory Accounts receivable Cash Statement of Sources and Application of Funds of Zoom Ltd as on 31-03-2021 31-03-2022 (Figures in Rs. Lakhs) 25.5 36.25 25.05 29.38 12.6 14.45 11.2 13.43 1.25 1.5 Less: Current Liabilities 6.7 9.6 Net Current Assets 18.35 19.78 Total Assets 43.85 56.03 Liabilities and owner's equity Share capital 25 25 Reserves and surplus 5.45 8.22 Debt (long-term) 13.4 22.81 Total 43.85 56.03 Using ratios, analyze and interpret the liquidity and profitability position of your competitor. [Marks: 10+5]