A$.$ TK Company financial information for the year $2023$ is as follows:

Current Assets: P$500,000$

Current Liabilities: $P250,000$

Inventory: $P100,000$

Accounts Receivable: P$50,000$

Cash: P$30,000$

Calculate and interpret the following liquidity ratios for Company XYZ:

i$.$ Current Ratio

$(2$ marks$)$

ii$.$ Quick Ratio $($Acid$-$Test Ratio$)$

$(3$ marks$)$

B$.$ Company ABC has the following financial information:

Total Debt: P$1,500,000$

Shareholders' Equity: $P2,000,000$

Calculate the Debt$-$to$-$Equity ratio and analyse its implications for the company's financial

structure and risk.

C$.$ Company LMN has the following financial information:

Net Profit: P$300,000$

Sales: $P2,500,000$

Total Assets: $P2,500,000$

Shareholders' Equity: P$1,200,000$

Calculate the following profitability ratios for the Company: