Yoda and Manda are two manufacturing companies in the same sector. The summarised financial statements of Yoda and Manda are as follows: Statement of financial position Yoda RM '000 1,358 Manda RM 1000 1,532 Non-current assets Current assets Trade receivables Inventories Cash and bank balances 524 156 275 955 2.313 1,000 865 1,865 685 277 15 977 2,509 1,136 616 1,752 Share capital Retained earnings Non-current liabilities Long-term borrowings 130 250 Current liabilities Bank overdraft Trade payables 318 318 2,313 95 412 507 2,509 Total equity and liabilities Statement of profit or loss Revenue Cost of sales Gross profit Distribution costs Administrative expenses Finance cost Profit before tax Income tax expense Profit for the year Yoda RM 1000 2,456 (1,812) 644 (91) (474) (15) 64 (11) 53 Manda RM '000 3,123 (2,241) 882 (77) (702) (19) 84 (20) 64 Required: Using appropriate ratios, compare the results of Yoda and Manda. Conclude, with reasons, which company has performed better during the year. [Total: 20 marks]