This assignment requires each student to work on the published financial statements of ASOS PLC for the last three years from 2018 to 2021. You are required: Write a report to evaluate the profitability, efficiency, liquidity, and financial structure of ASOS over the financial periods 2018 to 2021.You should use the accounting ratios shown below and any other information relevant to ASOS PLC. Information can be accessed from the annual report and accounts and any other source of evidence that you believe helps to explain the company's performance and position. (40Marks) ASOS PLC London, England 31/08/202 31/08/202 31/08/201 31/08/2018 1 9. GBP GBP GBP GBP Profitability ratios Return on Capital 9.39 12.52 6.99 22.72 Employed (%) Efficiency ratios Stock Turnover (%) Debtor Collection (days) Creditors Payment (days) 4.85 6.13 5.09 5.93 3.88 2.36 2.54 2.13 36.81 39.5 14.8 ....... Liquidity ratios Current ratio (%) 1.56 1.19 0.81 0.9 Liquidity ratio (%) 0.75 0.57 0.11 0.17 Financial Structure ratios Gearing (%) 85.13 42.86 20.88 2.32