A The following amounts have been extracted from the accounts of Tioman Ltd for the year ended 31 Denber 2020: $000 Sales (all credit) 860 Inventory at 1 January 2020 100 Purchases (all on credit) 625 Inventory at 31 December 2020 76 Accounts receivable 120 Prepaid expenses 8 Cash in hand 12 Bank overdraft 16 Accounts payable Short-term loans 6 Proposed dividends 10 ON 80 (TASK] Calculate and show your work clearly a) What is the gross profit margin of Tioman Ltd fr 2020? b) What is the inventory turnover period of Tigman Ltd for 2020? c) What is the current assets ratio of Tioman Ltd on 31 December 2020? d) What is the acid test ratio of Tioman Ltd on 31 December 2020? (6 marks) B. Below is a table of financial ratios provided by a client, Pangkor Sdn Bhd, in its application for a 1-year loan to support its snorkelling business. 2019 2020 Current ratio 3.1.1 2.1.1 Acid test ratio 0.8:1 1.4:1 Operating profit margin 22% 18% [TASK) A manager in your department asked you to write a short report on Pangkor's. profitability and liquidity. The report needs to highlight (U) the changes in the ratios in 2019 and 2020, (i) the possible reasons for the changes, and (iii) a conclusion on the profitability and liquidity of Pangkor Sdn Bhd. (7 marks) c. Kapas Food Industry (KFI) has been thriving in promoting and selling traditional Malaysian food throughout Asia. Recently, the food made a successful breakthrough in the European