Question 2: The following information was derived from the records of RAK cement Co. for the period 2016-2018 (in millions). 2016 2017 2018 Total assets 630 647 649 Liabilities 187 158 192 Equity CA 0.20 TA 0.24 TA 0.28 TA Inventories 0.14 CA 0.16 CA 0.11 CA Accounts receivable 0.60 CA 0.54 CA 0.42 CA Accounts payable ROTA (%) 40 55 35 15 16 17 Depreciation (m) 6 8 CL % TL 60% 68% 62% Required: 1. Find out the CR, WCR, ATR, CF ratio and NTC for RAK Co. for the period 2016 2018 on the 2. As management specialist, provide professional and analytical opinions liquidity profile of the Co. for the period (2016-2018). 3. What would be the ECOBB if RAK Co. is planning to raise $60,000,000 short-term bank loan for 12 months under interest of 6% on monthly instalment? Question 2: The following information was derived from the records of RAK cement Co. for the period 2016-2018 (in millions). 2016 2017 2018 Total assets 630 647 649 Liabilities 187 158 192 Equity CA 0.20 TA 0.24 TA 0.28 TA Inventories 0.14 CA 0.16 CA 0.11 CA Accounts receivable 0.60 CA 0.54 CA 0.42 CA Accounts payable ROTA (%) 40 55 35 15 16 17 Depreciation (m) 6 8 CL % TL 60% 68% 62% Required: 1. Find out the CR, WCR, ATR, CF ratio and NTC for RAK Co. for the period 2016 2018 on the 2. As management specialist, provide professional and analytical opinions liquidity profile of the Co. for the period (2016-2018). 3. What would be the ECOBB if RAK Co. is planning to raise $60,000,000 short-term bank loan for 12 months under interest of 6% on monthly instalment