2015 2016 Current Assets Cash Marketable securities Accounts Receivable Inventories Total current assets Net plant & equipment Total assets Liabilities Current Liabilities Long term liabilities Total Liabilities Stock holder's equity Common stock $400,000 $180,000 1614.000 240.000 390,000 283.600 676,000 552.500 2,080,000 1.256,100 4.104.450 3,375,000 6.184 450 4.631,100 520,000 427,500 1.800.000 750.000 2,320.000 1,177,500 2,000,000 2,000,000 Total liabilities and stock 6.184,450 4,631.100 holders' equity Required: (i) Calculate the following ratios for year 2015 and 2016 (10 marks) 2015 2016 1. Quick Ratio 2.7% 1.65x 2. Inventory Turnover Ratio 3. Accounts Receivable Ratio 4. Debt to total Assets Ratio 6.22x 6.61x 10.79x 12.88x 25.42% 37.5% 10% 7.19% 5. Profit Margin Ratio 6. Return on Assets Ratio 6.84% 5.67% 7. PE (ii) Analyze Caylay Technologies Inc. financial performance during 2016 by comparing it with 2015 performance. (30 marks) 6 ratios x 5 marks each = 30 marks Minimum 2 reasons for each ratio with reasonable analysis I explanation is required