Used the information above to calculate and evaluate the following ratios for both the companies and which you prefer. Where applicable, round off answers correctly to two decimal places):

The financial statements of MM limited and AS Limited for the year ended 31 January 2022 are presented below: Both companies are wholesale of cleaning products Statement of Financial Position Required: Used the information above to calculate and evaluate the following ratios for both the companies and which you prefer. Where applicable, round off answers correctly to two decimal places): 1.1 Current ratio 1.2 Liquidity ratio 1.3 Debtors collection period 1.4 Creditors payment period - (Use the cost of sales figure) 1.5 Stock turnover 1.6 Return on equity (ROCE) 1.7 Asset turnover (Total assets) 1.8 Which company would you prefer to invest in and give a reason