The accountant for Brunswick Tiles prepared the following list of account balances from the companys records for the year ended 30 June 2023. Sales revenue $1 650 000 Cash $300 000 Accounts receivable 140 000 Selling expenses 440 000 Equipment 420 000 Contributed equity 170 000 Accounts payable 120 000 Interest income 30 000 Salaries and wages expense 400 000 Cost of sales 510 000 Inventories 220 000 Prepaid expenses 20 000 Income taxes payable 50 000 Income taxes expense 180 000 Notes payable 200 000 Retained earnings ? Required: a. Determine the current assets at the end of the 2023 financial year. b. Determine the total assets at the end of the 2023 financial year c. Determine the current liabilities at the end of the 2023 financial year d. Calculate the current ratio of Byron Bay for 2023 and comment on the result if 2022 ratio was 2.7:1. e. Calculate the Profit Margin and comment on the profitability of the business if net profit in 2023 was $150,000 and profit margin in 2022 was 10%. f. Calculate Asset-turnover ratio of the business and comment on the operating efficiency of the business if industry average is 3 times. Formulas: Current ratio = Current Assets / Current Liabilities Assets Turnover = Sales Revenue / Total assets Profit Margin = Net Income / Sales Revenue