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Please help me . Please help me . Below are the financial statements for Meggiava Corporation for the financial year 2019 and 2020. Megaiaya Corporation

Please help me . Please help me .

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Below are the financial statements for Meggiava Corporation for the financial year 2019 and 2020. Megaiaya Corporation Statement of Financial Position as at December 31, 2019 and 2020 2020 2019 Current Assets Cash and cash balances 33,500 2,550 Account receivable 110,100 108,150 Inventories 17,000 7,140 Other receivables and prepaid expenses 83,700 176,320 228,500 167,240 Fixed deposits with licensed banks Total current assets Property, plant and equipment 472,800 461,400 1,860,000 619,500 Total Assets 2,332,800 1,080,900 Current Liabilities 60,400 27,410 Account Payables Other payables and accrues expenses 65.600 56,390 27,800 46,800 Notes payables Total current liabilities 153,800 130,600 Long term Liabilities 490,500 144,700 Long term borrowings Convertible bonds 342,980 106,920 76,600 Hire purchase payables Total long term liabilities 940,400 221,300 Shareholders' equity: 253,500 201,000 Issued capital Share premium 541,800 425,000 Retained earnings 443,300 103,000 Total liabilities and owners' equity 2,332,800 1,080,900 Megajaya Corporation Statement of Profit and Loss and Other Comprehensive Income for the year ended December 2019 and 2020 2020 2019 Revenue 346,100 550,100 (386,200) Cost of sales (232,800) Gross profit 163,900 113,300 Administrative expenses (15,800) |(9,500) (18,200) (7,200) Other operating expenses Other operating income 11,200 1,100 Profit from operation 141,100 97,700 Finance costs (21,500) (10,000) Profit before tax 119,600 87,700 Income tax expenses (35,500) (24,200) Profit after tax 84,100 63,500 a. Compute the following ratios for 2019 and 2020 i Current ratio ii. Quick ratio jii. iv. V. Inventory turnover Average collection period Debt ratio Debt to equity ratio Operating profit margin Net profit margin vi. . vii. viii. ix. Return on assets X. Return on equity b. Critically discuss the corporation's leverage position and profitability performance for the financial year 2020 in comparison to the year 2019

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