Following are the data extracted from the income statement and the balance sheet of Lamda company for two years Instructions: Compute and interpret the following ratios for the year 2018. 1. Current ratio (2 marks) 2. Receivable turnover ( 2 marks) 3. Inventory turnover (2 marks) 7. Debt to total assets (2 marks) Following are the data extracted from the income statement and the balance sheet of Lamda company for two years Instructions: Compute and interpret the following ratios for the year 2018. 1. Current ratio (2 marks) 2. Receivable turnover ( 2 marks) 3. Inventory turnover (2 marks) 7. Debt to total assets (2 marks)