*Urgent*

Below is a listing of financial data from FB Ltd.'s balance sheet for the current ye year, 2019. Cash Accounts Receivable Prepaid expenses Inventory Property Plant & Equipment (net) Accounts Payable Current portion of long-term debt Long term debt Share capital Retained Earnings December 31, 2020 $ 87,000 265,000 48,000 126,000 474,000 320,000 20,000 200,000 60,000 400,000 Below is a listing of financial data from FB Ltd.'s income statement for the currei year, 2019. Year ending December 31. 2020 Revenue 1,200,000 Operating Expenses 720,000 Interest Expense 12,000 Net Income before tax 468,000 Income tax expense 187,200 Net Income 280,800 Required: Calculate the following ratios based on the data above (round to 4 decimal plac a) Calculate FB Ltd.'s quick ratio for 2019 and 2020. ( 2marks) b) Based on your answers from (a) what can you say about FB Ltd.'s liquidity? (2 c) What is FB Ltd.'s Days sales in Accounts Receivable for 2020? (use 365 days) d) What is FB Ltd.'s Return on Equity for 2020? (1 mark)