Question 1 Give THREE (3) main reasons is profit maximization potentially inconsistent with wealth maximization? (6 marks) Question 2 The table below shows key financial data for two supermarket chains that compete in the grocery retail industry: Alwi and Pemi. Alwi Pemi Sales RM120,451 RM30,258 Cost of goods sold 62,523 13,100 Account receivables 8.927 2,872 Inventory 8,652 2,351 Total current assets 48.963 8,724 Total current liabilities 54,620 6,721 Total assets 228.124 24,256 (a) Calculate each of the following ratios for both companies: current ratio, quick ratio, inventory turnover, average collection period and total asset turnover. (10 marks) (6) Which company has the best liquidity position? (2 marks)