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Using 2019-2020 financial reports of ABC, a) Calculate debt to equity (use debt items only) and liabilities to equity ratios FOR 2020 ONLY. Show calculations.

Using 2019-2020 financial reports of ABC,

a) Calculate debt to equity (use debt items only) and liabilities to equity ratios FOR 2020 ONLY. Show calculations.

b) Comment on solvency position of the company in 2020. Support your comments with the ratios you calculated in (a). (min. 30 words,

c) If you were a bank manager, would you give long term loan to this company? Discuss. (min. 50 words,

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