1. Problem-solving (3 points each) The following accounts of Mezzo HealthCare Co. were found on Dec 31. Cash Marketable Securities Accounts Receivable Allowance for bad debts Inventory Equipment Accumulated depreciation Long-term investments Accounts Payable Accrued Expenses Cash Sales Credit Sales Net Purchases Cost of Goods Sold Net Income After Tax Compute for the following: a. Current ratio b. Quick ratio c. Working Capital d. Asset turnover 10,000 20,000 15,000 1,000 8,000 50,000 5,000 20,000 23,000 7,000 e. Fixed asset turnover f. Accounts Payable Turnover Sales Sales Discount Current Assets 20,000 80,000 30,000 50,000 40,000 g. Asset Turnover h. Accounts Receivable Turnover Non-Current Assets Unearned Revenue Accrued Expenses i. Inventory Turnover j. Debt to Total Asset Ratio k. Gross Profit Margin II. Prepare horizontal and vertical analysis for the following data. (1 point each) 2020 6,000,000 15,000 3,000,000 2018 5,600,000 12,000 2,600,000 8,000,000 6,500,000 300,000 115,000 2019 5,000,000 20,000 2,200,000 10,000,000 255,000 200,000 315,000 230,000