Please assist in answering the below

QUESTION ONE [40] Canny Limited is a company involved in the manufacture of aluminium cans. It purchases aluminium in bulk and, using machinery, converts bulk aluminium into cans. The majority of Canny customers are soft drink manufacturers and distributors. The most recent summarised Financial Statements of Canny Limited are presented below: Statement of Financial Position Additional information: - Sales totalled R300 million in 2021 and R250 million in 2020. - Cost of Sales totalled R250 million in 2021 and R200 million in 2020. - Net profit after tax totalled R56 million in 2021 and R40 million in 2020. - The interest rate on the non-current liabiities was 8% per annum. This remained unchanged during both the 2021 and 2020 financial years. - The tax rate for both 2021 and 2010 remained unchanged at 28%. REQUIRED: Discuss how the liquidity. solvency, profitability and long-term and total asset management of Canry has changed from 2020 to 2021. Limit your answer to two ratios per subsection where applicable. (40 Marks)