The following are the financial ratios of Yolanda Limited for the last three financial years. You have been asked to assess the overall financial performance of this company in terms of its profitability, efficiency, liquidity and solvency. You are also asked to recommend actions to be undertaken to address any adverse situations. Yolanda Limited Ratios 2019 2020 2021 a. Gross profit % 42% 44 % 46 % b. Net profit % 10% 9% 8% c. Inventory 35 days 33 days 32 days Turnover period d. Average 32 days 45 days 60 days settlement period for Accounts receivable e. Current ratio 3:1 2:1 0.9:1 f. Quick asset ratio 1.2:1 1:1 0.7:1 g. Gearing-Total liabilities/Total 50% 60% 70% Assets h. Interest cover 12 times 10 times 8 times Required: a. Evaluate and discuss the overall performance of Yolanda Limited from 2019 to 2021 in terms of its profitability, liquidity, efficiency in working capital management, and solvency. Your answer should include any potential causal factors for the observed trends for each ratio. (12 marks)