Question 4 Toto Sdn Bhd and JY Sdn Bhd each carry on business as wholesalers of the same product. Their financial statements for the year ended 31 December 2019 are summarised below: Statement of comprehensive income for the year ended 31 December 2019. Toto Sdn Bhd JY Sdn Bhd RMOOO RM1000 RM000 RMOOO Sales 3,500 4,350 Cost of goods sold (2.700) (3,480) Gross Profit 900 870 Expenses Administration 450 450 Interest 30 Selling 150 600 190 670 Net profit before tax 300 200 Tax 120 90 Net profit after tax 800 110 Dividends 45 60 Retained profit 135 50 6. Statement of financial position as at 31 December 2019, Toto Sdn Bhd RMOOO RM000 1.200 JY Sdn Bhd RMOOO RMOOO Non-current assets Current assets Stock Accounts receivable Bank Totalasses 825 900 75 485 750 5 1260 2.200 Share capital and reserves Share capital Reserves 1.500 7335 SOO 270 10% debenture Current liabilities Bank Overdraft Accounts payable 765 1.050 765 3.000 1,130 2.200 Required: Using the above information, calculate two(2) profitability ratios, two(2) activity ratios and one(1) liquidity ratio for the two companies