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please solve it asap 3. Sudha and Vijay are partners in a business firm, Their position as on 31 December 2010, 2011, 2012 is given

please solve it asap

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3. Sudha and Vijay are partners in a business firm, Their position as on 31 December 2010, 2011, 2012 is given here. You are required to work out the trend percentage and give your interpretations on the same. Summarized Balance Sheet Liabilities 2012 2011 2010 Assets 2012 2011 2010 Partners' 4,00,000 3,40,000 3,00,000 Fixed 4,00,000 3,60,000 2,80,000 Capital Assets General 1,00,000 1,00,000 1,00,000 Current Reserve Assets Secured 60,000 60,000 50,000 Stock 1,60,000 1,50,000 1,35,000 Loans Unsecured 1,60,000 1,80,000 1,40,000 Debtors 2,00,000 1,60,000 1,40,000 Loans Sundry 1,60,000 90,000 45,000 Loans 1,00,000 80,000 60,000 Creditors and Advances Cash and 20,000 20,000 20,000 Bank Balances 8,80,000 7,70,000 6,35,000 8,80,000 7,70,000 6,35,000 Summarized Income Statement Particulars 2012 2011 2010 Sales 40,00,000 36,00,000 30,00,000 Less: Cost of Sales 28,00,000 24,00,000 20,00,000 Gross Profit 12,00,000 12,00,000 10,00,000 Less: Expenses 8,00,000 8,00,000 7,00,000 Net Profit 4,00,000 4,00,000 3,00,000

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