Question 4 (7 marks) (Note this question is from the Week 8 Tutorial) Selected information for two companies competing in the catering industry have been presented below. Account A Ltd B Ltd Current assets $55250 $125000 $83950 $149500 Non-current assets Current Liabilities $29300 $11750 Non-current Liabilities $44850 $72500 $106100 $149200 Equity Profit $37500 $26500 Required: A. Calculate the following ratios for A Ltd and B Ltd: i. Current ratio. (1 mark) ii. Return on Assets (ROA). (1 mark) iii. Return on Equity (ROE) (1 mark) B. From your calculations in part A, explain which entity is in a more favourable position. (4 marks, word limit: minimum 120 to maximum 150 words)