Total Liabilities	1,751,570	92.96	1,319,908	92.81
Total Equity and Liabilities	1,884,092	100%	1,422,019	100%

Retained profits	39,999	2.12	46,985	3.30
	84,982	4.51	101,916	7.16
Non-controlling interest	47,540	2.52	195	0.01
Total Equity	132,522	7.03	102,111	7.18

Current Assets
Inventories	302,187	16.03	231,330	16.26
Sundry Receivables	54,867	2.91	75,900	5.33
Cash and Bank Balance	175,851	9.33	96,207	6.76
	532,905	28.28	403,437	28.37
Total Assets	1,884,092	100%	1,422,019	100%

Part 2

Vertical Analysis for Comprehensive Income (Common Size Statement)

Particulars	2020	%	2019	%
Revenue	677,123	100%	594,160	100%
Cost of Sales	(480,526)	70.96	(404,063)	68.00
Gross Profit	196,597	29.03	190,097	31.99
Other Operating Income	38,160	5.63	33,278	5.60
Selling and distribution expenses	(159,842)	23.60	(162,555)	27.35
Administration and other operating expenses	(35,658)	5.26	(26,929)	4.53
Profit from operations	39,257	5.79	33,891	5.70
Finance costs	(14,573)	2.15	(10,786)	1.81
Share of results of an associate	(316)	0.04	--	--
Profit before tax	24,368	3.59	23,105	3.88
Income tax expense	(8,578)	1.26	(6,130)	1.03
Profit after tax	15,790	2.33	16,975	2.85

Part 3

a. Current Ratio = Current assets/ Current Liabilities

2020: 532,905/852,198 = 0.62

b. Acid-Test Ratio = Liquid Assets/Current Liabilities

Liquid assets = Current Assets Inventory

2020: 532,905-302,187/852,198 = 0.27

c. Accounts Receivables ratio = Net credit Sales/Average Accounts Receivables

2020: 677,123/6,227,000 = 0.10

d. Inventory Turnover ratio = Cost of Goods Sold/Average Inventory

2020: 480,526/76,218,000 = 0.0063

question requirment

state your opinion from the above finding. your explanation need to include but not limited to these point:

1. the company's capability in paying bills and short term debts
2. How fast the company paying their bills
3. how fast the account receivable turn into cash
4. how fast the company able to sell their products