Styles JPL Question 3a Calculate the ratios for the following 2 businesses. Put the answers in the table below (8 marks) CB Pic TU PIC Sales revenue Cost of goods sold Expenses 16,000 6,000 5,000 12,000 4.000 5,000 Current Assets Cash Inventory Receivables Current liabilities(payables) Non Current liability (loans) share capital Reserves 100 200 300 700 2,000 9,000 1,000 500 300 100 600 2,000 12,000 4,000 CB Pic TU plc Ratio Return on capital employed Current Ratio Trade receivables collection (days) Inventory turnover in days 3b Chose two different ratios you have calculated. For each of the ratios compare and comment on the two companies (6)