multi-step and common-sized analysis and

Question

Multi-Step and Common-Sized Analysis and Analytical Balance Sheet Refer to Exercise 3 of both on conversion of balance sheet and profit and loss account respectinely of Sangeeta Udhyog Ltd. in the vertical form, as done by you.

Required

1. Convert the vertical profit and loss account of the company into multi-step form to the extent possible.
2. Prepare a common-sized income statement.
3. Convert the vertical Balance sheet of the company in analytical form.