tion 6 The current assets are RM100,000 while the non-current assets (fixed assets) are RM160,000. The current liabilities are RM88,000. Required: Calculate the debt ratio. (3 marks) b. Current assets are RM455,000. The opening inventory is RM45,000. The closing stock is RM55,000. Current liabilities are RM390,000. Required: i. Calculate the "Acid Test' ratio. ii. Calculate the Current ratio. iii. Calculate the Inventory turnover ratio. c. The total assets are RM670,000 while the total sales are RM880,000. Required: 4 Calculate the Total Asset Turnover. d. Explain the followings: (3 marks) (2 marks) (4 marks) (3 marks) Cost of Goods Sold are RM600,000 i. Provide TWO (2) reasons why ratio analysis is important for a company. i. Provide THREE (3) limitations of ratio analysis. (4 marks) (6 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIVS xx Paragraph - 3 Arial 3 10pt TT * I. D EBHE 95 (1) [Total: 2