Fruity Ltd had the following comparative current assets and current liabilities: 301une 2020 30 June 2019 Current assets Cash 5 50,000 5 60,000 Marketable securities 70,000 70,000 Accounts receivable 65,000 55,000 Inventory 120,000 20,000 Prepaid expenses 55 000 30 000 Total current assets $360,000 $235,000 Current liabilities Accounts payable $50,000 $140,000 Salaries payable 70,000 20,000 Bank loan payable 150 000 85 000 Total current liabilities $270,000 $245,000 Required: a} Calculate the following financial ratios for Fruity Ltd for the years 30th June 2020 and 30th June 2019 - Current ratio I Quick ratio b} In your own words, discuss what is ROI and whyr it is important for business. c '. 1'15\"!" In