QUESTION 2 a. Danish Group is considering the acquisition of Ijaz & Co, request Fitri Financial Analyst to provide an analysis report with regards to this matter. As financial analyst, you are assigned to prepare a comprehensive report based on Ijaz & Co. financial information. Accompanied by the data is the industry averages for your reference FINANCIAL RATIOS ljaz & Co. Industry Average Current Ratio 3.05 2.40 TIMES 2.02 Quick Ratio 2.25 TIMES Account Receivable Turnover 24.46 19.85 TIMES 10.07 15.40 TIMES Inventory Turnover Fixed Asset Turnover 4.98 5.71 TIMES Total Asset Turnover 3.32 4.44 TIMES Debt Ratio 47.56 65.00 %6 Total Debt to Equity Ratio 90.69 115.00 % % Long Term Debt to Equity Ratio 65.79 75.00 96 Fixed Charge Coverage 22.63 28.55 TIMES Gross Profit Margin 63.33 60.00 96 Operating Profit Margin 37.16 42.15 * Net Profit Margin 24.86 28.12 Return on Asset 82.59 93.06 Return on Equity 167.48 18142 As the financial analyst, advise Danish Group whether they should proceed with the acquisition plan. You need to prepare a comprehensive report containing the four (4) main aspects in evaluating the company's position and performances