QUESTION FOUR:

You are an independent financial analyst. In 2020, you have been asked to provide an independent assessment of Yarmouk Public Limited Corporation. Yarmouk Corporation is specialized in the production of freshly imported farm products from Lebanon. The following ratios were provided to you with the following data for Yarmouk for three consecutive years and the industry index for year 2020.

Ratio	Year 2018	Year 2019	Year 2020	Industry Indicator in Year 2020
Inventory Turnover	32.25	42.42	62.65	53.25
Days sales in receivables	94	98	113	130.25
Profit Margin	0.06	0.07	0.082	0.075
Total Asset Turnover	0.70	0.65	0.54	0.40
Quick Ratio	1.029	1.03	1.028	1.031
Current Ratio	1.15	1.21	1.33	1.25
Times Interest Earned	4.45	4.375	0.9	4.65

Taking into consideration the above financial information and the industry type, you are required:

To analyze and explain Yarmouk Public Limited Corporation's liquidity status.

To analyze in depth the Corporation's asset management? Be as complete as possible given the above information, but do not use any irrelevant information.