Question Two i. Calculate long-term debt/total assets and long-term debt/equity ratios over the last five years for Iress limited financial year ended from 2019 to 2023). (2.5 marks) Iress limited (IRE) Long-term debt/ Total assets: Year 2019 2020 2021 2022 2023 Iress limited 0.33 0.26 0.36 0.45 0.52 Long-term debt/ Total Equity: + Year 2019 2020 2021 2022 2023 Iress limited 0.63 0.44 0.70 1.03 1.50 ii. Compare Iress's long-term debt/total assets and long-term debt/equity ratios with your firm's industry average and discuss the findings. (2.5 marks) Long-term debt/Total assets: Year 2019 2020 2021 2022 2023 Iress limited 0.33 0.26 0.36 0.45 0.52 Industry 0.13 0.10 0.11 0.12 0.13 average Long-term debt/ Total equity: Year 2019 2020 2021 2022 2023 Iress limited 0.63 0.44 0.70 1.03 1.50 Industry 0.21 0.22 0.50 1.66 1.02 average