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Answer BOTH questions in this seetion. 4. Chika Group is a multinational company in Japan. Event though its major business is producing and selling mobile

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Answer BOTH questions in this seetion. 4. Chika Group is a multinational company in Japan. Event though its major business is producing and selling mobile communieation products, home entertainment products and home appliances, if always looks for opportunitics to expand its business to other industries and other countries. In a senior management meeting, Mr. Fuksboni, the CEO of Chika Group, said, "Forbidden Duck, a famous Peking restaurant chain in Hong Kong, is one of our next targets of acquisition. Forbidden Duck is well known for its traditional Peking duck with pancakes and more contemporary slowcooked duck. It is now operating 9 outlets in the core districts of Hong Kong, including Causeway Bay and Wan Chai. The acquisition will belp us accelerate our expansion in the Hong Kong and mainland China markets," Ms. Kato, the group's Chief Financial Officer, responded, I have some reservations. I have collected some financial data from this restaurant chain and found that it is faciag serious financial problems." Ms. Kato then presented the following financial data to the participants in the meeting: After looking at the financial data, Mr. Fukabori agreed that Forbidden Duck's fisancial conditions may not be very healthy. However, be insisted that the company sbould not make the acquisition decision simply based on ratio analysis. They should consider some strategic reasons too. He also asked Ms. Kato to propose some financing methods for the acquisition project. (a) Based on the data given in the table, compute three types of financial ratios for Forbidden Duck in 2017 and 2018 (round to 2 decimal places). (6 marks) (b) Based on the financial ratios in (a), identify two major financial problems Forbidden Duck is facing: (2 marks)

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