(ii) Fuir value enterpise method (b) Calculate the current ratio and debt-to-equity ratio for P Company under the identifiable net assets (INA) method and the fair value enterprise (FVE) method. (Round "Current ratio" answers to 2 decimal places and "Debt to equity ratio" answers to 4 decimal (b) Calculate the current ratio and debt-to-equity ratio for P Company under the identifiable net assets (INA) method and the fair val enterprise (FVE) method. (Round "Current rotio" onswers to 2 decimal places and "Debt to equity ratio" onswers to 4 decimal places.) (a) Prepase a consolidafed statement of financial poston in drder of liquidity ie staring with cash at the date of accuisition under each of the following: (i) Identifable net assets method (ii) Fair value enterprise method On December 31, Year 1, P Company purchased 80% of the outstanding shares of S Company for $7,840 cash, The statements of financial position of the two companies immediately after the acquisition transaction appear below. Required: (o) Prepare a consolidated statement of financial position in order of liquidity le starting with cash at the date of acquisition under each of the following: (i) Identifiable net assets method