Answer the following problems based on what is required. Do not forget to show your SOLUTIONS becouse it will be deducted to my score if there is not solutions thank you

Problem No. 5 (10 points) The following data are from the financial statements of Parada, Inc. Dec. 31, 2019 Jan. 31, 2019 Total Assets P 180,000 P 140,000 Total Equity 144,000 112,000 Total Preference Equity 30,000 30,000 Preference Dividends Declared 2,400 I Profit 20,000 Interest Expense 5,750 Calculate the following ratios: 1. Return on Total Assets 2. Return on Ordinary EquityProblem No. 1 {15 points} The following information was taken from the statement of nancial position of Blanche Corporation: Gash P 13.250 Accounts Receivable [Net] 33.000 Merchandise Inventory 40.000 Prepaid Expenses 9.950 Accounts Payable 25.200 Accrued Payables 1.300 Notes Payable {due in 5 months] 10.000 Required: ISalculate the working capital, current ratio, and quick ratio. Problem Ho. 2 {20 points} You have been assigned to evaluate Gumban. Inc.'s management of merchandise inventory and receivables. You decided that inventory tumover1 accounts receivable turnover, and average age of receivables statistics will prove valuable in your analysis. The following data are available from Gumban's annual report: Merchandise Invento : Jan. 1 Accounts Receivable: Jan. 1 Dec. 31 Cost of Goods Sold Gash Sales Total Sales Gum ban's Eredit Terms _ \"- Required: 1. Galculate inventory turnover. accounts receivable turnover, and average age of receivables. 2. In your opinion, is Gumban doing a good job in managing inventory and receivables? Explain