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Al Maha petroleum manufacturing company income statement and balance sheet us on 31 December 2020 appears a follows: Particulars OMA Net Sales 400,000 Cost of

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Al Maha petroleum manufacturing company income statement and balance sheet us on 31" December 2020 appears a follows: Particulars OMA Net Sales 400,000 Cost of Goods Sold 100,000 Interest Expense Tax 55.000 54,000 ASSETS OMR Liabilities OMR Cash 150.000 Short form securities Accounts receivable Inventory Prepaid expenses Building Equipment Long term investment Goodwill 70.000 50.000 90.000 80,000 15,000 70,000 85,000 10.000 170,000 120.000 250,000 56,000 Accounts payable Accrual account Short term debt Long term Equity Common stock Retained earnings 311.000 185.000 856,000 856,000 During 2020, Some of the oil barrel leakage, sales return @ OMR 50,000 and closing receivable OMR 56,000 Requirements Use the following ratio measures for 2020 Current ratio b) Liquidity ratio c) Trade Receivables tumover ratio d) Days payable outstanding e) Working Capital 0 Days sales Outstanding Average Collection period hi Cash to current assets ratio D Cash to Current liability ratio

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