QUESTION 2: Common Size Balance Sheet (15 Marks) A Construction Company has the following balance sheet at the end of two financial years - 31st December 2019 and 31st December 2020. Prepare the Common Size Balance Sheet and find out how the assets are being utilized by the company and how they are paying their liabilities. All Amounts in OMR Particulars Note No. 31 Dec 31 Dec 2019 2020 1. Equity and Liabilities 1. Shareholders' Fund a) Share capital 15,00.000 12,00,000 b) Reserves and surplus 5,00,000 5,00,000 2. Non-current liabilities Long-term borrowings 6,00,000 5,00,000 3. Current liabilities Trade Payable 15,50.000 10,50.000 Total 41.50,000 32,50,000 II. Assets 1. Non-current assets a) Fixed assets - Tangible asset Plant & machinery 14,00.000 8,00,000 - Intangible assets Goodwill 16,00,000 12,00,000 b) Non-current investments 10,00.000 10,00.000 2. Current assets Inventories 1.50,000 2.50.000 Total 41.50.000 32,50.000