5. With reference to the financial ratios' requirement indicated below by the bank, calculate the following financial ratios for MM Catering Group based on the projected financial result of 2022. (Show all your steps and formulae clearly) Financial Ratios (a) Net return on assets (b) Net income to revenue (20 marks) Bank Industry Requirement Average 35% 20% (c) Inventory turnover 3 times 4 times (d) Cost of goods sold percentage 50% (e) Current ratio 4.0 4.2 (f) Quick ratio 2.0 (g) Total assets to total liabilities ratio 3.0 3.1 (h) Debt-to-equity ratio 0.7 6. Does MM Catering Group meet the requirement of all ratios of the bank? Briefly explain your answer. (2 marks) 7. Will it be eligible to obtain a long-term bank loan? Briefly explain your answer. (2 marks) 8. What are the four major categories of financial ratios used in ratio analysis? Give one example in each category referring to the financial ratios listed above. (8 marks) 9. By comparing to the industry averages in the above table of Question 5, comment on the financial performance of MM Catering Group by referring to the current ratio, and total assets to total liabilities ratio. (4 marks)