Question 5 TM Sdn Bhd and JE 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. TM Sdn Bhd RM'000 RM'000 3,600 (2,700) 900 JE Sdn Bhd RM000 RM'000 4,350 (3,480) 870 450 Sales Cost of goods sold Gross Profit Expenses: Administration Interest Selling Net profit before tax Tax Net profit after tax Dividends Retained profit 450 30 190 150 600 300 120 800 45 135 670 200 90 110 60 50 ...7- 7 Statement of financial position as at 31 December 2019. TM Sdn Bhd RM'000 RM000 1,200 JE Sdn Bhd RM'000 RM'000 960 Non-current assets Current assets Stock Accounts receivable Bank Total asses 825 900 75 485 750 5 1,800 3,000 1,240 2,200 ..7/- Share capital and reserves Share capital Reserves 1,500 7335 500 270 1096 debenture 300 Current liabilities Bank Overdraft Accounts payable 80 1,050 765 765 1,130 2,200 3,000 Required: Using the above information, calculate: a. Profit margin ratio. b. Return on assets. C. Stock turnover. d. Accounts receivable turnover in days. e. Current ratio. (4 marks) (4 marks) (4 marks) (4 marks) (4 marks)