The management of the company has asked you to analyse the performance and Cash flow of Pace Inc. for the year ending $31$ March $2022$ to confirm past results and make adjustments for future activities. Make specific reference to any concerns or expectations regarding future periods. Support with the help of the following ratios: Gross profit margin

Net$-$profit margin

Current ratio

Debt equity ratio Balance Sheet as on $31$ Mar $2022$

$\backslash$table$[[,$Amount $($$$),$Amount $($$$)],[$Non$-$current assets$],[$a$)$ Fixed assets,,$],[$i$)$ Tangible assets$],[$Equipment$,300,000,],[$Furniture$,300,000,550,000],[$i$)$ Intangible assets$],[$Patents$,100,000,100,000],[$Current assets$],[$Inventories$,50,000,],[$Trade receivables,$80,000,],[\backslash$table$[[$Cash balance