Part A The following information was extracted from Melawi Trading as at 30 September 2019. Debit Credit RM RM Purchases and sales 90,000 130,000 Inventories as at 1 October 2018 24,000 Sales return and allowance 1,300 Discount allowed 600 Rental received 1,600 Salary and wages 8,000 Utility expense 6,000 Purchase return and allowance 2,200 Discount received 800 Accounts receivable and payables 16,000 21,500 Cash in hand 6,000 Prepaid salary and wages 300 Accrued utility 300 Additional information: 1. The inventories as at 30 September 2019 were RM30,000. Required: Compute the following ratios for 2019. Show all workings. a) Current Ratio b) Acid-test ratio Inventory turnover d) Profit margin e) Account Receivable turnover (15 marks)