You are the accountant at U&W Manufacturers and you believe that the company is at risk of facing liquidity problems. You examine the balance sheet extract below and calculate the current ratio which leads you to do further ratio analyses to identify the problem. You will have to present your findings and general recommendations to the Senior Management Team. Provide the calculations, analysis and recommendations you will make. (10 marks) U&W Manufacturers Balance Sheet (Extract) as at June 30, 2020 1st Quarter 2nd Quarter $ $ Current Assets Cash 12500 12200 Accounts Receivables 16550 16100 Inventories 32750 31900 Current Liabilities 30750 29900