From the following particulars of Maria Ltd. and Kala Ltd. prepare a common-size income statement for the year ended 31st March, 2019.
| Particulars |
Maria Ltd |
Kala Ltd |
| |
Rs |
Rs. |
| Revenue from operations |
1,00,000 |
2,00,000 |
| Other income |
10,000 |
30,000 |
| Expenses |
70,000 |
1,20,000 |
Maria Ltd: Other income: 10%; Total revenue: 110%; Expenses: 70%; Profit before tax: 40%
Kala Ltd: Other income: 15%; Total revenue: 115%; Expenses: 60%; Profit before tax: 55%)
