Part 2: Answer All Questions la. Prepare Comparative Statements - Balance Sheet and Income Statement, using VERTICAL ANALYSIS for the following data: 20 marks 1b. From the calculations you have made in la, comment on the changes you observe for Equity capital, Land & Buildings, Plant & Equipment, Accounts receivable and Administrative expenses. 5 marks 2020 (in BHD) |2021 (in BHD) 425 500 4,500 5.250 155 200 260 290 Equity capital Net sales Accounts payable Inventory Cost of goods sold Plant and equipment Non-current Liabilities 2.800 3,300 525 450 650 600 30 Cash at bank 45 850 650 Land & Buildings Administrative expenses 570 600 450 Reserves 420 550 500 Selling expenses Accounts receivable 180 120 2. You have you been provided the following data for which you have been asked to compute various ratios for 2021 and comment on them based on a comparison with the Industry Average and trend over the years. Part 2: Answer All Questions la. Prepare Comparative Statements - Balance Sheet and Income Statement, using VERTICAL ANALYSIS for the following data: 20 marks 1b. From the calculations you have made in la, comment on the changes you observe for Equity capital, Land & Buildings, Plant & Equipment, Accounts receivable and Administrative expenses. 5 marks 2020 (in BHD) |2021 (in BHD) 425 500 4,500 5.250 155 200 260 290 Equity capital Net sales Accounts payable Inventory Cost of goods sold Plant and equipment Non-current Liabilities 2.800 3,300 525 450 650 600 30 Cash at bank 45 850 650 Land & Buildings Administrative expenses 570 600 450 Reserves 420 550 500 Selling expenses Accounts receivable 180 120 2. You have you been provided the following data for which you have been asked to compute various ratios for 2021 and comment on them based on a comparison with the Industry Average and trend over the years