Financial statements are historical documents. How can it provide valuable information for creditors, managers, stockholders and engineers. Elaborate your understanding on how this is so. b) A balance sheet statement as of December 2019(000) is given below: Assets: Cash RM1726 Short-term investments 923 Accounts receivables, net 2094 Inventories 273 Other 791 Property, plant and equipment 523 Long-term investments 532 Goodwill 15 Liabilities and Shareholder Equity: Notes Payable 2397 Accounts Payable 1298 Long-Term Mortgage Bonds 512 Other 349 Common Stocks 1781 Retained Earnings 540 1) Compute: a. current assets b. current liabilities c. current ratio[= current asset/current liability] d. quick ratio[= (current asset inventory)/current liability] e. debt ratio[= total debt/total asset] 2) What can you say about the position of the company from the c),d) & e)?