As a credit analyst for Ledig Commercial Bank, you assess client applications for term loans and other facilities. Mogwase Steenwerke Beperk, a brick manufacturing enterprise, requires an overdraft facility and provides you with the following details: Current assets of R15m Current liabilities of R8m Net sales of R25m Debtors collection period of 30 days Quick ratio of 0.97x Mogwase Steenwerke Beperk does not have any pre-paid expenses. I. Calculate the following: a. current ratio b. level of inventory c. receivables II. What is your recommendation to the credit manager?