Vee-Jay Company (Pty) Ltd Extracted the following Ratios from its books for the year 2020 together with the relevant industry averages. Required: 1.For each of the above five ratios, answer the following: a. what does the ratio measure and (8 marks) state whether there is an improvement or decline in the ratio in comparison with the industry average ( 2,5 marks) 2. Comment on the company's overall liquidity position in comparison with industry ( 3,5 marks)