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Comparatrve Staternents of Financial Poston sets Merchndise rsventTY plant and equgnent Total assets and sharehdders' pay Short-term bank loan payabe pay aue eurungs 31-0&20 s s 2020 soooo 65000 60 ooo 55000 s 2019 2S ooo so ooo 70 ooo 30000 250 ooo 30000 65 ooo 160too ooo 75 ooo QS OOO 210 ooo 140,000 77 000 63 ooo 20 ooo 28000 92000 (i) Ustrg the financial statements and the additonal *'formatim, calculate me foUwang rabos 2020 (n) Compare the corrvany's rabos to the jndustry rabos found in brackets above Total bablies md shareholders' equty S FFT Corporation Statenynt Year Ended December 31 , 2020 25000 so ooo 150000 150 ooo 125 ooo sooooo s 40000 2,000 15 ooo s S s a b c d e g Curent ratio (3 to 1) current assets / current liabilfres 240 Receivables tvnover (8 tjrps) 50 0000157,500-6 10 Debt to assets ratio (26 bmes) 2250001530.000 -042 Profit margn (14%) 43.000 -0123 Days in Inventory (110 days) 365 days I nventory turnover 365 f 323 113 days Retum on assets (12%) 43000/ ((530000+42500092) = 9% Cash current debt coverage rabo (1 tyre) goods Overatmg expr-ses Arnutzafon Irderest evense Total eyoenses Profit ncorne tar Ircre tar prlt rrfmation for 2020 Cash dv&nds dedared and pad s (ii) me fy exh nef cash provded by operatng Etvlties in 2020