Question $4$: $(25$ marks$)$ The following information was obtained from the financial statements of See Shell Ltd for the year ended $29$ February $2024.$ Sales $($cash & credit$)1000000$ Cost of Sales $600000$ Gross Profit $400000$ Current Assets $300000$ Current Liabilities $100000$ Inventory $100000$ Debtors $160000$ Creditors $80000$ Additional Information: $1.$ Credit sales are equal to $20\%$ of the total sales. $2.$ Credit purchases for the financial year is R$40000.3.$ Inventory for the previous year amounted to R $100000.4.$ Debtors for the previous year amounted to R $160000.5.$ Creditors for the previous year amounted to R $80000.$ Required: Calculate the following ratios; a$)$ Current Ratio $(3)$ b$)$ Acid$-$test Ratio $(4)$ c$)$ Stock turnover rate $(3)$ d$)$ Debtors collection period $(4)$ e$)$ Creditors collection period $(4)$ f$)$ Comment on the liquidity position of the business from your calculations above $(7)$