Income statement for the year ended 31 December 2021 Hollie's Fashion Wholesalers Ltd Revenue Cost of Sales Opening inventory Purchases less closing inventory Gross profit Expenses Operating profit Interest Profit before tax Tax Profit for the year 000 000 690 158 545 -135 568 122 68 54 7 47 25 22 Statement of financial position as at 30 December 2021 Hollie's Fashion Wholesalers Ltd Assets Non-current assets 000 290 Current assets Inventories Trade receivables Bank 8g 135 93 236 Total assets 526 Equity and liabilities Equity 1 ordinary shares 275 Retained earnings 116 391 Current liabilities Trade payables 135 135 Total equity and liabilities 526 5 Required: Part 1 Calculate the following for Hollie's Fashion Wholesalers Ltd: 1. The operating cash cycle in days 2. The liquidity ratios (current ratio and acid test)