QUESTIONS 3-4 Questions 3 and 4 refer to the financial data for QAABC Lid, shown below. QAABC Lid Account Balances (extract) for the year ended 30 June 2020 5000 Bank loan (due 30 September 2020) 1 287 Bank overdraft 582 Bond (due 30 April 2021) 1 200 Deposits at call 7 834 Inventories 2 398 Trade debtors 1 569 Trade creditors 2 933 Non-current assets 47 629 Non-current liabilities 13 764 Retained earnings 234 Note: The balance of trade debtors at 30 June 2019 was $2 572 000.QUESTION 3 Which of the following results accurately determines that QAABC Ltd can meet its short-term debt obligations? (A) 0.08:1 (B) 0.75:1 (C) 0.9:1 (D) 2.2:1 QUESTION 4 Calculate the ratio that determines QAABC Ltd's ability to meet its long-term financing obligations. (A) 27.07% (B) 30.62% (C) 38.59% (D) 79.34%