the solution is neat and understandable

B. Given the following balance sheet for Al-Zahra Shop, you are required to 1. Calculate the following ratios for each company 1. Current ratio Debt ratio III. Quick ratio Equity multiplier V. Debt to equity ratio (40 marks) 2. Evaluate the performance of the organization based on analyzing the results of the mentioned ratios for Al-Zahra Shop. Your answer should be supported by relevant literature review including scientific journal website and related books. (20 marks) IV. MEC_AMO_TEM_035_02 Page 3 of 16 Accounting For Business (BUSS 20001) - Summer-21-CW 1 (Assignment) - all-QP Al-Zahra Shop Balance sheet As of December, 2020 Assets Current Asset: Supplies Financial asset at fair value through profit or loss Investment in term deposit Other receivable Cash equivalent 121,553 138,846 577,544 760,370 127,394 Total current assets: 1,725,707 Non-Current Assets: Accounting For Business (BUSS 20001) - Summer - 21 - CW 1 (Assignment) -all - OP Al-Zahra Shop Balance sheet As of December, 2020 Assets 121,553 138,846 577,544 760,370 127,394 1,725,707 4,031,488 Current Asset: Supplies Financial asset at fair value through profit or loss Investment in term deposit Other receivable Cash equivalent Total current assets: Non-Current Assets: Property Investment Property Investment in joint venture Investment in association Financial asset at fair value through other comprehensive income Loan granted to other companies Total non-current asset Total Assets: Liabilities and Equity: Liabilities: Current Liabilities: 1,458,976 949,910 5,365434 4,100,684 175,340 16,081,832 17,807,539 for 16 MEL_AMO_TEM_035_02 Page 4 of 16 Accounting For Business (BUSS 20001) - Summer-21-CW 1 (Assignment)-all-QP Trade and other payable 510,870 Borrowing 274,201 Total Current Liabilities 785,071 Non-Current Liabilities: Long-term loan 2,149,133 Advanced from customer 114,918 Provision for employees' end of service benefits 120,612 Total Non-Current Liabilities 2,384,663 Total Liabilities 3,169,734 Equity: Share capital 1,145,252 Treasury shares (73,516) Legal reserve 4,693,986 General reserve 623,542 Fair value reserve 3,886,259 Hedging reserve 295,736 Retained earnings 4,010,829 Non-controlling interest 55,717 Total Equity 14,637,805 Total equity and liability 17,807,539