Data Set CUSABA INCORPORATED - BALANCE SHEET AS AT DECEMBER 31, 2019 Calculate (and document) suitable ratios with respect to of a) liquidity, b) solvency, c) profitability and d) efficiency that are needed to asnwer the following 3 questions. BRIEFLY (maximum of 400 words) use these ratios to respond to the following 3 questions. Long rambling answers will not be graded - if you understand the ratios, you can be precise in answering. 1. If this company approached you to buy your product on your normal 30-day trade credit terms, would you extend them trade credit. Justify your agreement to sell to them or not to sell to them using financial ratios 2. If this firm approached you to lend them long term funds, would you advance funds to them. Why or why not. 3. Explain and quantify why the percentage return on equity to shareholders is significantly higher than the percentage of operating return on assets used. CUSABA INCORPORATED - INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2019 Data Set CUSABA INCORPORATED - BALANCE SHEET AS AT DECEMBER 31, 2019 Calculate (and document) suitable ratios with respect to of a) liquidity, b) solvency, c) profitability and d) efficiency that are needed to asnwer the following 3 questions. BRIEFLY (maximum of 400 words) use these ratios to respond to the following 3 questions. Long rambling answers will not be graded - if you understand the ratios, you can be precise in answering. 1. If this company approached you to buy your product on your normal 30-day trade credit terms, would you extend them trade credit. Justify your agreement to sell to them or not to sell to them using financial ratios 2. If this firm approached you to lend them long term funds, would you advance funds to them. Why or why not. 3. Explain and quantify why the percentage return on equity to shareholders is significantly higher than the percentage of operating return on assets used. CUSABA INCORPORATED - INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2019