Question 6 Set below are financial information of Bob Sdn Bhd.

Sales revenue Cost of sale Gross profit Year 2020 RM'000 2,500 1.600 900 Year 2019 RM'000 1,990 1,540 450 460 Current assets Inventories Receivables (Note 1) Short term deposits and cash 770 250 350 560 200 100 Current liabilities Loans and overdrafts Accruals Payables (Note 2) 150 130 320 230 280 Note: 1. Trade receivables 2. Trade payables 3. Number of days 370 180 160 110 366 365 Additional information: (0) Closing inventory for Year 2018 was RM300,000. Required: (a) For Year 2019 and 2020, calculate the following ratios for Bob Sdn Bhd: (State the formulae used for calculating the ratios.) 0 Current ratio Quick ratio Account receivable collection ratio Inventory turnover ratio Account payable ratio (v) [15 mark] (b) Comment the result of your calculations at (a). [10 mark]