Ali Harooz runs a small Business unit. He is concerned with the liquidity position of his firm as he has heard that liquidity problems are one of the most frequent explanations for business failure. The following data is available: Particulars nventery Cash Sundry Debtors 300,000 Creditors Bits Receivable 35000 Bank Overdraft 40000 Amount 1.50,000 360,000 Required Q1. Calculate the current ratio and liquidity (acid test) ratio based on the above data.(8 marks)4 marks on each ratio calculation Q2. Give a brief evaluation of the liquidity position of Ali Harooz Business unit (2marks)