Below are some financial ratios of Northwest Cosmetics for 2020 along with industry standard ratios. 2020 Industry Profit margin 14% 18% Receivables turnover 14.8X 11.5X Inventory turnover 10.5X 6.3X Current ratio 1.8 1.6 Capital asset turnover 14X 10X Times interest earned 7.4% 4X Debt to total assets 51% 64% Return on assets 14% 17% Return on equity 17% 25% Use the above ratios to answer the following: a) Northwest wants a 10-year loan, and they have approached you, a bank loans officer. What answer would you give them? Using 2 of the above ratios briefly explain your answer. (3 marks) b) Would you buy shares in Northwest? Provide a ratio to support your answer. (2 marks)