Please answer based on the marks allocated. please dont elaborate too much:)

QUESTION 1 Part A Acasa Berhad is a public listed company listed on Bursa Malaysia. Currently you are the analyst reviewing Acasa Bhd. The income statement for 2020 and comparative Statement of Financial Position for 2019 and 2020 of Acasa Berhad (Acasa) are presented below: Acasa Berhad Income Statement for the Year Ended December 31, 2020 Revenue Cost of sales Gross profit Other operating income Distribution expenses Administrative expenses Profit from operations Finance cost Profit before taxation Income tax expense Net profit for the year RM'000 3,200 (2.160) 1,040 240 (100) (620) 560 (80) 480 (192) 288 Acasa Berhad Statement of Financial Position as at 31 December 2020 2020 2019 RM'000 RM 000 Non Current Assets Property, plant and equipment 1,120 1,040 Other investments 424 424 1,544 1,464 Current Assets Inventories 260 248 Debtors 192 200 Deposits and prepayments 60 44 Cash and bank balances 104 84 616 576 Current Liabilities Creditors 288 284 Short-term borrowings 88 96 Others 104 108 480 488 Net Current Assets Total Assets 136 1,680 88 1,552 Financed by: Share capital 176 Retained earnings 864 Shareholders Equity 1,040 Non Current Liabilities Long term loans 640 Total Equities and Liabilities 1,680 168 700 868 684 1,552 Required: a) Explain how each of the following types of financial ratios is useful in analysing a company's performance and position: i. Liquidity ratio ii. Turnover ratio Leverages ratio iv. Profitability ratio (4 marks) iii. b) Calculate and comment on the following ratios for 2020 for Acasa: ii. ji. Quick ratio Debtors tumover Times interest earned ratio Profit margin on sales Return on shareholders' equity iv. v. (10 marks) c) State two limitations of ratio analysis. (2 marks)