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Q2. The Britania release their financial statements of current asset and liabilities for the dairy products which are as mentioned below. (6) Current Assets: Liabilities Cash= 350000 Accounts payable=250000 Accounts Receivable= 75000 Accrued expenses=75000 Inventory=250000 Total=675000 Total=325000 The ITC have annual sales of 2.35 crores and cost of goods sold is 5.5 crores. Calculate: a. Current ratio. b. Quick ratio. C. Inventory turnover ratio. d. Age of inventory. e. Age of account receivable. f. Do you think that assets and liabilities are well managed explain