Belize Electricity Limited STATEMENT OF FINANCIAL POSITION December 31, 2021 (in thousands of Belize dollars) Liabilities and Equity Current iabilities: \begin{tabular}{lcrr} Trade and other payables & 2p,x,7,27,28 & 57,296 & 63,790 \\ Current portion of long-term debt & 2r,10,28 & 2,097 & 1,633 \\ Current portion of lease liability & 2y,10,28 & 742 & 727 \\ Taxes payable & 2q,9,27,28 & 2,104 & 2,031 \\ Total current liabilities & & 62,239 & 68,181 \\ \hline \end{tabular} Non-current liabilities: Capital contributions Deferred grant contribution Long-term debt Lease Liability Debentures Consumer deposits Total non-current liabilities Total liabilities Equity: Share capital Additional paid in capital Insurance reserve Revaluation reserve Retained earnings Total equity Total Liabilities and Equity (1) Use the financial statement for BEL 2021 AND 2020 and calculate Current Assets, Quick, Average Collection, Accounts Receivable Turnover, Inventory Turnover, Days Sales, Debt, Times Interest Earned, Total Asset Turnover, and Fixed Asset Turnover Ratios. (2) Comment on the performance of the company for 2021 in comparison to 2020. (3) Use two decimal places in your calculations (4) Show ALL calculations AND formulae used for calculations for ratios