Provide a comparison of the ratios (2017&2018) computed and any other factors you think should be brought to attention to the board. Also, what information would you need in order to advise your senior managers on whether overdraft facilities should be granted? Give your reasons.

Ratio Rano 2018 Formula 2017 30-24. Gross Profit Sales 9,916 36, 720 91.180 30,360 27-0% GrOSS Profit (7.) 6.01. 9.17. operating Profit sales 2,775 30,360 operaning profit (7) 2,220 36,720 1,176 +2460 + 22. 0-69 1-43 Current Asset current Liabilities Current Ratio (2DP) , 365 5,295 6,330 3.711 2,670 +1220 + 8 + 1680 0.30 current A - inven. 9,365-2460 cu hent liabilitia 6.330 Quick Ratio SF (2DP) 0-99 5.295 - 1,620 3.711 Receivable period (Days) Trade. Rec x 365 1176 x 365 sgies 36,720 11-69 days 195 X 365 30, 360 2 days 1620 x 365 Inventory Period (DAYS) Inventory x 365 Dubox 365 33.50 COGS 36,720-9915 days 30,360 - 9,180 days sques Gloss profil Payable Period (Days) Trade. Pay * 365 COGS 2,670 Y365 26,805 36-36 days 170) X365 21,180 29 days