Question: Please help me answer this question by giving a full answer and calculation path. INDIVIDUAL ASSIGNMENT 1 FINANCIAL RATIO QUESTION 1 Madam Wardah Sulaiman is

Please help me answer this question by giving a full answer and calculation path.
INDIVIDUAL ASSIGNMENT 1 FINANCIAL RATIO QUESTION 1 Madam Wardah Sulaiman is a financial manager of Ejazs Corporation. The company is in the process of applying a term loan from Bank SMY Berhad. As a financial manager, Madam Wardah is given the task of determining the company's performance last year based on financial statements below. EJAZS CORPORATION STATEMENT OF FINANCIAL POSITION AS AT 31 DISEMBER 2021 (RM) Cash 120,000 Account payable 165,000 Marketable securities 100,000 Accrued expenses 220,000 Account receivables 275,000 Notes payable 110,000 Inventories 825,000 Long term debt 220,000 Net Land and Building 605,000 Common shares 1,210,000 TOTAL ASSETS 1,925,000 TOTAL CLAIMS 1,925,000 EJAZS CORPORATION INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2021 (RM) Sales (100% Credit) 2,750,000 Less: Cost of goods sold 2,029,500 Gross profit 720,500 591,800 Less: Selling and general expenses Earnings before interest and tax 128,700 13,200 Less: Interest expenses Earnings before tax Less: Taxes 115,500 57,750 Earning after tax 57,750 INDUSTRY AVERAGE RATIOS Current ratio 1.70 times Average collection period 20.00 days Quick ratio 0.90 times 5.00 times Debt ratio 50.00 percent Fixed asset turnover Net profit margin Return on equity 1.50 percent 3.50 percent Time interest earned 6.00 times Based on the above financial statements: a) Calculate the indicated ratios for Ejazs Corporation. (12 marks) b) Evaluate the overall performance of the company according to liquidity, activity, profitability and leverage ratios. (8 marks)
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