Please refer to the photo and answer the following questions

1.A company has maintained the following relationships in recent years: Quick assets comprise 25% cash, 15% marketable securities and 60% book debts. During 207208, the company earned Rs. 1,20,000 or Rs. 4.68 per equity share; the market value of one equity share was Rs. 78. The capital consisted of equity shares issued at a premium of 10% and 12% preference shares of Rs. 100 each. 3,000 . You are required to prepare the balance sheet and the income statement relating to 207208. Comment on the performance of the company in terms of capital structure, profitability, assets efficiency and liquidity position. Tax rate is 25%. (14)