Condensed statement of financial position and statement of profit or loss data for Orange Berhad appear below: Orange Berhad Statements of financial position December 31 2017 (RM) 2016 (KM)z1s (RM) Plat and oqupm (net) Imest Ober current asets 75,000 0e 45000 50 000 Account reccivable inet) S0000 45,00e 4 Ca 25,000 2000 I00 Slare capital-vedinary, KMI0 par 4500 315,000 000 Retained eanings Noe-cum lulies 145,000 121,000 u0 ,000 25000 6 53 Cummt liahitin Orange Berhad Statements of profit or loss for the year December 31 2017 (RM) 206 (RM) Sales revenae 1400 00 Les Ream iands 4000 0 Net sales 700,000 4000 Cod of poods sold Gro prefit Operating espensnludng inome ta 26000 zio00 Ne inome 420,000 40000 200 24000 44000 M Additional information: 1. The market price of Orange's ordinary shares was RM4. RMS and RM7 for 2015, 2016 and 2017 respectively. 2. All dividends were paid in cash. Required: a. Compute the following ratios for both year 2016 and 2017. 1. Profit margin 2. Asset turnover 3. Eamings per share (Weighted-average ordinary shares in 2017 were 32,000 and in 2016 were 31,000. 4. Price-carnings ratio 5. Payout ratio 6. Debt to assets ratio (6 marks) b. Based on the ratios calculated, discuss briefly the improvement or lack thereof in financial position and operating results from 2016 to 2017 of Orange Berhad. (4 marks)