You have received the following Income & Expenditure statement and performance indicators from your accounts department. Provide a comparative analysis of the financial performance of your organization. [Marks:6] 765 Comparative Income Statement for the Years Ended 31st March 2021 & 2022 Net Sales Cost of sales [(Cost of Sales/Net sales) x 100] Gross Profit [(Gross Profit/ net sales) x100] 2020-21 2021-22 100.00 100.00 79.02 76.50 20.98 23.50 Administrative Overheads [(Admn. Ovd./ Net Sales) x100] 2.39 2.34 Selling and distribution overheads [(S&D Overheads/Net Sales) x1001 3.40 3.50 Interest and other non operating expenses [(Int. and other non-operating expenses/ Net Sales) x1001 0.22 0.24 Operating income [(Operating income/Net Sales) x100] 15.19 17.67 Other incomes [(Other income/Net Sales) x100] 0.24 1.14 Profit Before Tax (PBT) [(PBT/ Net Sales) x 100] 15.22 18.57 Tax [(Tax/ Net Sales) x 100] Profit After Tax (PAT) [(PAT/ Net Sales) x 100] 3.80 4.64 11.42 13.93