The financial statements of companies ABC and XYZ Ltd are presented below. They are wholesalers in the fast-moving consumer goods (FMCG) market.Income Statement for Year Ended 31 December 2022ABC LtdXYZ LtdRRSales500 000 450 000 Cost of sales300 000 280 000 Gross profit200 000 170 000 Operating expenses100 000 90 000 Operating profit100 000 80 000 Interest expense25 000 15 000 Profit before tax75 000 65 000 Tax21 000 18 200 Profit after tax54 000 46 800 Balance Sheet for the Year Ended 31 December 2022Non-Current Assets1 100 000 1 150 000 Buildings800 000 750 000 Equipment300 000 400 000 Current Assets700 000 500 000 Inventory250 000 200 000 Debtors300 000 200 000 Bank150 000 100 000 Total Assets1 800 000