Answer the following: Part A - George, an employee at Mackintosh Ltd. (M Ltd.), receives a shipment from a supplier for a beautiful, state-of-the-art desktop printing calculator. Instead of scanning the bar code to enter the item into M Ltd.'s inventory system, George discretely takes the calculator and puts it into his trunk to take home as his own. He thinks to himself: "The managers never check for missing items. I bet they won't even notice that this calculator was ever in the store!" Which part of the fraud triangle is the best explanation of why this employee committed fraud? . Part B - MLtd. provides consulting services worth $40,000 to a customer on account. What effect would this have on M Ltd.'s Debt-to-Assets ratio? Please indicate if the ratio would increase, decrease, or remain unchanged. Part C-M Ltd. has the following information taken from its most recent financial statements: o Current Assets = $40,000 o Total Assets = $80,000 o Current Liabilities = $30,000 o Total Liabilities = $60,000 Total Shareholders' Equity = $20,000 o Gross Sales = $80,000 o Returns & Allowances = $15,000 o Cost of Goods Sold = $50,000 o Net Income = $5,000 Part C - Required 1: M Ltd. has a loan with its bank. The loan agreement contains a covenant that requires that M Ltd, maintains a Debt-to-Assets ratio lower than or equal to 0.3 (30%). Calculate the Debt-to-Assets ratio. Is M Ltd. in compliance with its covenant? Part C - Required 2: Calculate the Gross Profit Percentage for M Ltd, based on the above information. Express your answer as a percentage and round to the nearest percentage point, if applicable