Accounting

1. Yadier NV's comparative statements of financial position are presented below. 2018 2019 2020 Land 22000 26,000 20.000 Buildings 70000 70.000 70,000 Accumulated Depreciation (5,000) (10,000)4 (15,000) Inventory 12000 7.000 10.000 Accounts Receivable 20000 24.000 22.000 Cash 1000 3,700 4.300 Total 120000 120700 111300 Share Capital-Ordinary 62000 69,000 72.000 Retained Earnings 19000 20.600 24,300 Accounts Payable 39000 31.100 15,000 Total 120000 120,700 111,300 Income statement 2018 2019 2020 Net sales 88000 95000 100000 COGS 49000 59000 60350 Net Income 2000 10000 14000 Instructions: A. Calculate the ratios for 2020. 2019 2020 a. Current Ratio 1.12 ? b. Acid-test Ratio 0,89 c. Accounts Receivable Ratio 4.32 d. Inventory Turnover 6.21 c. Profit Margin 11% f. Asset Turnover 0.789 g. Return on Assets 8% h. Debt to asset ratio (Financial leverage) 26% B. Based on the ratios of 2019 & 2020, comment on Liquidity, Profitability and the solvency (financial risk)