Q3D (20 Marks) Current Assets Cash Accounts Receivables Inventory Total Balance Sheet as 31st December 2019 Current Liabilities 48,510 Accounts Payable 30,470 Notes Payable 54,310 Others 133,290 Total 54,840 21,600 31,106 107,546 190,000 Fixed Assets Plant & Equipment Long Term Debt 731,468 Owner's Equity Retained Earnings Total 864,758 Total Liabilities + OE 80,000 487,212 567,212 864,758 Total Assets Sales Cost of Goods sold Depreciation EBIT Interest Paid Taxable income Taxes 35% Net Income Dividends Addition to Retained Earnings Income Statement 733,992 506,244 64,440 163,308 28,600 134,708 47,148 87,560 40,000 47,560 a) Quick ratio? b) Inventory turnover ratio? c) Return on Assets