The following information is extracted from annual reports of Sunshine Ltd at the end of 2020.

The following information is extracted from annual reports of Sunshine Ltd at the end of 2020. 2020 2019 $ $ Cash assets 22,000 30,000 Accounts Receivable 33,000 40,000 Inventory 35,000 38,000 Land 50,000 45,000 Accounts Payable 18,000 14,000 Short term Loan 27,000 20,000 Non-Current Liabilities 23,000 22,000 Revenue 98,000 105,000 Cost of Sales 55,000 53,000 Gross Profit 43,000 52,000 Other Expenses 33,000 31,500 Profit 11,500 19,000 a) Calculate the following ratios for 2020 (1 decimal place): a. Current ratio (2 marks) b. Profit margin (2 marks) C. Asset turnover (2 marks) d. Inventory turnover (2 marks) e. Debt ratio (2 marks) b) Comment on the information about the company provided by each ratio