Al Rajhi Bank provides the following financial information for the year ending December 31, 2023:

Income Statement:

Sales Revenue: SAR 1,500,000
 Cost of Goods Sold: SAR 600,000
 Gross Profit: SAR 900,000
 Operating Expenses: SAR 300,000
 Net Income: SAR 600,000

Balance Sheet (End of Year):

Assets:

• Cash: SAR 300,000
• Accounts Receivable: SAR 500,000
• Inventory: SAR 200,000
• Total Assets: SAR 1,000,000

Liabilities:

• Accounts Payable: SAR 400,000
• Loans Payable: SAR 300,000
• Total Liabilities: SAR 700,000

Owner's Equity:

• Common Stock: SAR 100,000
• Retained Earnings: SAR 200,000
• Total Owner's Equity: SAR 300,000

a) Prepare a vertical analysis of the income statement.

b) Construct a horizontal analysis of the balance sheet.

c) Calculate the current ratio for Al Rajhi Bank.