Question 1 - Explain and shortlys - Mars The names for bussons Company 2002 20 2001 500 2011 S4 Required Nhang out wcale per comebase 2018 no coperchcochy Question #2 - Identify and use ratios to analyze liquidity. (8 marks) Susa Corporation had the following comparative current assets and current liabilities: Dec. 31, 2021 Dec. 31. 2020 Current assets Cash... $ 30,000 $ 30,000 Short-term investments Accounts receivable 40,000 55,000 98,000 35.000 $ 258,000 10,000 95,000 79,000 Inventory Prepaid expenses Total current assets 20.000 $ 234,000 Current liabilities Accounts payable. Salaries payable Income tax payable Total current liabilities $ 110,000 30,000 $ 120,000 40,000 20.000 $ 180,000 15.000 $ 155,000 During 2021, credit sales and cost of goods sold were $ 260,000 and $ 192,000, respectively. Required: Calculate the following liquidity measures for 2021 a) Current ratio b) Acid-test ratio C) Receivables turnover Question #3 - Identity and use ratios to analyze liquidity. (7 marks) Selected information from the comparative financial statements of Montero Corporation for the year ended December 31, appears below: 2021 2020 Accounts receivable $ 35,000 $ 20,000 Inventory 50,000 42,000 Total assets 285,000 259,000 Current liabilities.. 44,000 52,000 Non-current liabilities 150,000 100,000 Net credit sales 450,000 478,000 Cost of goods sold 218,000 242,000 Interest expense 18,000 9,000 Income tax expense 25,000 29,000 Profit 68,000 77,000 Required: Answer the following questions relating to the year ended December 31, 2021. Show calculations a) The inventory turnover for 2021 is b) The interest coverage in 2021 is c) The debt to total assets for 2021 is d) The receivables turnover for 2021 is e) The return on assets for 2021 is