5. Selected financial data for Amberjack Corporation follows (S thousands) Year 1 Year 2 Sales Cost of goods sold Net income Cash flow from operations 271,161 249,181 (155,034) (58,405) 457,97 341,204 (403,509) Cash Marketable securities Accounts receivable Inventories Total current assets (20,437) 268,872 36,900 341,180 341,762 21,011 6,473 710,427 35,298 72,106 413,176 Accounts payable Accrued liabilities Total current liabilities 28,908 44,310 73,218 22,758 124,851 147,610 a. Calculate the current and quie has the company's short-term ligu b. Assuming a 365-day year for all calculati urrent and quick ratio at the end of each year. How any's short-term liquidity changed over this periods 365-day vear for all calculations, compute the following: The collection period each year based on sales. i The inventory turnover and the payables period each year based on cost of goods sold. iii. The days' sales in cash each year. iv. The gross margin and profit margin each year. c. What do these calculations suggest about the company's perfor- mance