question a and b related to ratio analysis topic.

2:49 newelearn.mahsa.edu.my C TUTORIAL 6: RATIO ANALYSIS Snider Corporation Balance Sheet as at December 31, 2020 Assets RM Current assets: Cash 50.000 Marketable securities 20,000 Account receivable (net) 160.000 Inventory 200,000 Total current assets 430,000 Investments 60,000 Plant and equipment 600,000 Less: Accumulated depreciation (190,000) Net plant and equipment 410,000 Total assets 900,000 Liabilities and Stockholders' equity: Current liabilities: Accounts payable 90,000 Note payable 70,000 Accrued taxes 10,000 Total current liabilities 170,000 Long-term liabilities: Bonds payable 150,000 Total liabilities 320,000 Stockholders' equity: Preferred stock, $50 par value 100,000 Common stock, $1 par value 80,000 Capital paid in excess of par 190,000 Retained earnings 210,000 Total stockholders' equity 580,000 Total liabilities and stockholders' equity 900,000 Snider Corporation Income Statement for the Year Ending December 31, 2020 RM Sales (on credit) ,980,000 Less: Cost of goods sold 1,280,000 Gross profit 700,000 Less: Selling and administrative expenses 475,000 Operating profit (EBIT) 225,000 Less: Interest expenses 25.000 Earnings before taxes (EBT) 200,000 Less: Taxes 80,000 Earnings after taxes (EAT) 120,000 *includes RM35,000 in lease payments. Required: a) From the financial statement, evaluate whether how Snider Corporation has effectively managed its assets. b) Based on the above analysis, what advice would you recommend in the context of Snider Corporation's profitability, liquidity and debt ratios. Support your answer with data on the relevant ratios. <