The following ratios were provided for Bob Ltd: RATIOS 2019 Quick Ratio 1.2:1 Current Ratio 1.9:1 Inventory Turnover 16 times Average Collection Period of Receivables 30 days Debt Ratio 40% Profit Margin 20% Return on Assets 116% 2020 0.6:1 1.4:1 12 times 60 days 60% 12% 75% 2020 Industry Average 1.1:1 1.8:1 18 times 20 days 30% 25% 20% Note: Company credit payment terms for customers is 30 days. Required Given the above ratios, comment on the performance of Bob Ltd in relation to profitability, liquidity and financial stability in 2020. Include any possible problems and possible causes thereof.