Question.4 Following information is extracted from the financial statement of Felicity Ltd. For the year ending 31st March 2020 and 2019. Prepare a common size balance sheet and comment. Particulars 31st March 2020 31st March 2019 Share Capital 1,000,000 500,000 Reserves and Surplus 200,000 300,000 Long term borrowings 800,000 500,000 Trade Payables 400,000 200,000 Fixed Assets - Tangible 1,500,000 1,000,000 Cash and cash equivalents 900,000 500,000 Guidelines: 1. It is an individual assignment. All students are required to solve the above 4 questions on a white paper with pen along with all the necessary working notes. Then, take photo of your solutions and paste all your solutions on a word document. 2. Submit the word file through the link created in e learning on or before 5th April 2021