You are an intern working in Salam Berhad. Salam is interested to invest money in either Top Glove Berhad or Hartatelaga Berhad. Your manager has recently asked to interpret the financial statements of both companies for the financial year 2020. You are required to produce a report, which focuses on specific aspects of financial performance and financial position of Top Glove and Hartatelaga, which are of particular interest your manager. Your report should contain the following:

Prepare the following ratio calculations based on the 2020 financial statements (use Group figures). The financial statements of both companies have been attached (please see below).

b. Liquidity current ratio and quick ratio (700 words)

Please use the following format to present your calculations (You are required to state the formula used clearly):

Ratio	Top Glove	Hartatelaga
For example: Gross profit margin: Gross profit/ Revenue x 100	2,000/50,000 x 100 = x%	5,000/15,000 x 100 = x%