Below are ratios of Crayden Sdn Bhd, a supplier of baking ingredients and utensils, for year ended 30 June 2019 and 30 June 2020.

	2020	2019
Inventory turnover	6 times	7.2 times
Average collection period	32.6 days	28 days
Current ratio	5:1	4.6 : 1
Acid test	3.1	4 : 1
Net profit margin ratio	12.1%	15 %
Total assets turnover	2.05 times	1.9 times
Gross profit margin	20%	17%
Return on Assets	18.5%	20%
Debt to Assets Ratio	35%	29%

Required:

Comment on the efficiency and profitability of the entity, Crayden Sdn Bhd. [Hint: Your comment should be based only on those ratios that relate to efficiency and profitability].

[10 marks]