The financial statements for Theta Ltd for year ended 30 November 2022 are given below. Statement of Comprehensive Income/Profit \& Loss Statement Required: a) Calculate the following working capital and liquidity ratios for Theta Ltd for the year ended 30 November 2022: - Inventory Holding Period - Trade Receivable Days - Trade Payable Days - Current Ratio - Quick Ratio ('Acid Test') (10 marks) b) The equivalent ratios for Theta Ltd for the year ended 30 November 2021 were: - Inventory Holding Period =40 days - Trade Receivable Days =58 days - Trade Payable Days =75 days - Current Ratio =1.10 - Quick Ratio =0.35 Compare the results for 2022 computed in part a) with the 2021 listed above, and discuss Theta Ltd's management of working capital and liquidity position. (10 marks) c) Theta Ltd's warehouse manager has asked for your advice on how to manage the inventory (stock) levels for one particular stock line which the company uses in the manufacturing process. The company operates for 310 days a year. The cost of placing i. Calculate the following: - Re-Order Level to Prevent Stock-Outs - Economic Order Quantity - Minimum Stock Level - Maximum Stock Level (11 marks) ii. Referring to part i, explain to the warehouse manager the meaning of your calculations for 'Re-Order Level to Prevent Stock-Outs' and 'Economic Order Quantity'. (4 marks)