Refer to the following informatin for Rocket Inc. Rocket Inc. Comparative Balance Sheet Information November 30 (millions of $) 2020 2019 Cash $ 70 $ 21 Accounts receivable (net) 119 57 Inventory 201 237 Prepaid rent 81 45 Plant and equipment (net) 810 813 Accounts payable 105 62 Accrued liabilities 93 129 Income tax payable 26 14 Preferred shares 129 129 Common shares 249 249 Retained earnings 607 563 2018 $ 33 45 197 33 325 52 86 21 129 249 605 . 2019 $1,164 429 $ 735 Rocket Inc. Income Statement For Year Ended November 30 (millions of $) 2020 Net sales $1,380 Cost of goods sold 501 Gross profit 879 Operating expenses: Depreciation expense 66 Other expenses 498 Total operating expenses 564 Profit from operations $ 315 Interest expense 35 Income tax expense 42 Profit $ 238 $ 66 342 408 327 $ 25 44 $ 258 Required: Calculate Rocket's liquidity and efficiency ratios for 2020 and 2019. (Round the final answers to 2 decimal places. Use 365 days year) 2020 2019 1 + 1 1 Ratio Current ratio Quick Accounts receivable mover Das Sales un colected thventory tumor Das inventory Total sattumover Accounts payable moves mes days mes days times times times dalys times days mos imes Analysis Component: Identify whether the change in each ratio from 2019 to 2020 was favourable or unfavourable. Ratio Favourable! Unfavourable Current ratio Quick ratio Accounts receivable turnover Days' sales uncollected Inventory turnover Days sales in inventory Total asset turnover Accounts payable turnover