Question 3: The following information were extracted from Amman Company Ltd, financial statements for two years (2019 and 2020): Financial Information Revenues Profit after tax Total current assets Total current liabilities Inventory Accounts receivables Cash Accounts payables Tax due (unpaid) 31/12/2019 JOD 32,000 JOD 1,600 JOD 5,600 JOD 2.900 JOD 2.750 JOD 200 (JOD (500 JOD 1,500 JOD 1,400 31/12/2020 JOD 45,000 JOD 1.550 JOD 4,400 JOD 5.100 JOD 5,100 JOD 100 JOD 1.550 JOD 3,500 JOD 1,100 Amman Company Ltd. is operating in the Retail Sector. Moreover, the company opened a third store during 2020. The Chief Executive Officer (CEO) of the company has asked you as a Financial Manager to analyze the liquidity of the company in as much detail as the information permits. After a week, the Financial Manager has reported the following to the CEO: _The company's current liquidity is inadequate in years 2019 and 2020. _The quick ratio has also declined indicating a poor indicator. _Overall, the liquidity of Amman Company Ltd is terrible. The CEO was not happy with the report, so he hired a senior financial analyst from Agile Investment Services to analyze professionally company's liquidity. Required: As a senior financial analyst at Agile Investment Services, you are required to: 1. Evaluate Company's current ratio and quick ratio. (4 Marks) 2. Provide CEO with a professional concrete analysis on company's liquidity with possible reasons and recommendations. (6 Marks)