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Please help me . Please help me QUESTION 1 Madam Wardah Sulaiman is a financial manager of Ejazs Corporation. The company is in the process

Please help me . Please help me

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QUESTION 1 Madam Wardah Sulaiman is a financial manager of Ejazs Corporation. The company is in the process of applying a term loan from Bank SMY Berhad. As a financial manager, Madam Wardah is given the task of determining the company's performance last year based on financial statements below. EJAZS CORPORATION STATEMENT OF FINANCIAL POSITION AS AT 31 DISEMBER 2021 (RM) Cash 120,000 165,000 Account payable Accrued expenses Marketable securities 100,000 220,000 275,000 Notes payable 110,000 Account receivables Inventories 825,000 220,000 Long term debt Common shares Net Land and Building 605,000 1,210,000 TOTAL ASSETS 1.925,000 TOTAL CLAIMS 1.925,000 EJAZS CORPORATION INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021 (RM) Sales (100% Credit) 2,750,000 Less: Cost of goods sold 2,029,500 Gross profit 720,500 591,800 128,700 Less: Selling and general expenses Earnings before interest and tax Less: Interest expenses Earnings before tax Less: Taxes 13,200 115,500 57,750 Earning after tax 57,750 INDUSTRY AVERAGE RATIOS Current ratio Average collection period 20.00 days 1.70 times 0.90 times Quick ratio Fixed asset turnover 5.00 times Debt ratio 50.00 percent Net profit margin 1.50 percent Time interest earned 6.00 times Return on equity 3.50 percent Based on the above financial statements: a) Calculate the indicated ratios for Ejazs Corporation. b) Evaluate the overall performance of the company according to liquidity, activity, profitability and leverage ratios

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