Please provide answers in 40 mins -... urgent

Question No: 01 20his is mb21972 is a subjective question, hence you have to write your answer in the Text-Field given below. 76262 The following are the summarized financial statements of your competitors. 2022/05 Summ Statement of Income & Expenditure for the year ended 31st March Particulars (Figures in Rs. Lakhs) Sales 2021 64 Cost of Sales 49.25 Gross Margin 14.75 Operating Expenses Administration 4.46 Selling and Distribution 2.78 Profit Before Interest and Tax (PBIT) 7.51 Interest 2.43 Profit Before Tax (PBT) 5.07 Provision for taxes 1.26 Profit After Tax (PAT) 3.81 Note: 2022 79 59.85 19.15 5.32 2.99 10.84 3.32 7.51 1.87 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. 3. all its is 1.25 The company follows a policy of paying 40% profit after tax as dividend as there are tremendous expansion 20portunities! 22 Statement of Sources and Application of Funds of Zoom Ltd as on Particulars 31-03-2021 31-03-2022 Assets (Figures in Rs. Lakhs) Fixed Assets (Net) 25.5 36.25 Current Assets 25.05 29.38 Inventory 12.6 14.45 Accounts receivable 11.2 13.43 Cash 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 Using ratios, analyze and interpret the liquidity and profitability position of your competitor. [Marks: 10+5]