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The following are the extracts of key figures from the financial statements of Johan Sdn Bhd for financial year-ended 31 December 2020 and 2019 2020

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The following are the extracts of key figures from the financial statements of Johan Sdn Bhd for financial year-ended 31 December 2020 and 2019 2020 50,000 23,000 5,800 40,000 2019 30,000 15,000 3,800 30,000 Revenue (sales) Cost of sales Total expenses Total non-current assets - PPE (at NBV) Current assets Cash Account receivable Inventory Current Liability Total owners' equity (including retained earnings) 11,000 15,000 9,000 25,000 50,000 7,000 15,000 13,000 15,000 50,000 Notes:- Credit sales was 65% for year 2020 and 2019 Required: i) Calculate net income and total assets of both year (2020 and 2019). ii) Calculate the following ratios for year 2020 and 2019: -Net profit margin -Current ratio -Quick ratio -Account receivable turnover ratio - Return on Assets -Return on Equity

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