A multinational company's financial statements contain the following information: 2007 Rs. Cash 2.00.000 Sundry Dublurs 3,20,000 Temporary Investment 2,00,CCO Stock 18.40,000 Prepaid Expenses 9.000 Total Current Asset 25.US.COD Total as 56,00,000 Current Liabilities 6,40,000 Loans 16,00,000 Capital 20,00.000 Retained Earnings 4,69,000 Statement of Profit for the Current Year 201 Ra. 1,60,000 4,00.000 3,20.000 21.6.) 12,000 30,62,000 64,00.000 8.00,000 16,00,000 20.00.000 8,12,000 Sales Less cost of goods sold Less interest Net profit Less taxes @ 50% Profit after taxes Pront distributed Rx 40,00.000 (28,00,000) (1,60.000) 10,40.000 5,20,000 5,20,000 2.20.000 You are required to find (i). Current Ratio (ii). Quick Ratio (iii). Gross Profit Ratio for Both FY 2007 & 2008, compare the ratios and state the financial position of the company