2020 The following information is an extract from the financial statements of Extreme-Experiences Pty Ltd. 2019 Current Assets 409,500 292,500 Non-current Assets 2,275,000 1,768,000 Current Liabilities 221,000 169,000 Non-current Liabilities 764,400 670,800 Total Revenue 728,000 624,000 Total Expenses 500,500 455,000 Required: Answer the following questions in the spaces provided below: 7 i B 1 Ff a) Calculate the following ratios for both 2019 and 2020. (6 marks) 2020 2019 Profit Margin (Correct your answer to 0.01%) Current Ratio (Correct your answer to 0.1) Debt to Total Assets Ratio (Correct your answer to 0.01%) b) Comment on the Liquidity of Extreme-Experiences using the answers in part a). (2 marks) c) Which ratio measures Solvency? Provide suggestions on how to improve the Solvency of Extreme- Experiences. (2 marks)