The following records are the liquidity and profitability ratios of Maxwell Ltd for the financial years 2017 to 2019 and the comparable industry averages. Ratio 2019 2018 2017 Industry Average Current ratio 2.3:1 1.9:1 1.8:1 2.2:1 Quick (acid test) ratio 0.82:1 0.75:1 0.50:1 1:1 Inventory turnover period (days) 60 70 81 54 Accounts receivable turnover period 50 41 35 30 (days) REQUIRED: a) Critically evaluate the liquidity position of Maxwell Ltd. (word limit 200)