Calvin Ltd is a trading company that provides you comparative financial statements for the financial years 2019 and 2020 as presented below. Cash Marketable securities 2021 33,100 2020 35,900 107,000 100,300 Trade receivables 72,500 73,900 Inventories 182,000 166,800 Prepaid expenses 4,200 6,300 Property, plant and equipment 300,000 258,700 Current liabilities Revenues (sales on credit) Cost of sales 178,200 160,500 950,600 902,900 570,700 532,800 Required (show your working): The manager of the company, Mr. Aditya is worried about a financial collapse of the company due to the inability of the company to pay its short-term obligations. He then asks you to analyse the company's liquidity for the 2021 financial year by assessing the following ratios (rounded to 2 decimal places). a) Current ratio b) Quick ratio c) Accounts receivable turn over and average collection periods d) Inventory turnover and average days to sell the inventory e) Analyse the company's liquidity and give your brief comments if the industry average are as follows: Current ratio 2:1; Quick ratio 1:1; Receivable turnover 10 times, Average collection period is 40 days, Inventory turnover 5 times and average days of inventory 73 days. (2 marks) (2 marks) (6 marks) (6 marks) (4 marks)