Question 6 (11 marks) Note this question is based on the Week 11 and Week 12 Tutorials) Safeway he had the following comparative current assets and current abilities, as shown below Current assets 31 Dec 2019 31 Dec 2013 Cash Marketable securities Accounts receivable Inventory $65,000 30.000 42.000 120,000 $25,000 15.000 80,000 90.000 35,000 20.000 Prepaid expenses Total Current Assets $292,000 $230,000 Current Liabilities Accounts payable $145,000 $130,000 40,000 30,000 Salaries payable Income tax payable Total Current liabilities $ 205,000 $175.000 Additional informat: During 2019 net credit sales were $680,000 and the associated cost of goods sold was $365.000 Net cash provided by operating activities for 2019 was $142.000 Question 6 (Cont'd) (11 marks) Required Based on the comparative current assets and current liabilities of Safeway Inc, as shown above, compute the following ratios: 1. Current ratio for both 2015 and 2019. (2 marks] 2. Quick rate for both 2018 and 2019. (3 marka 3. Current cash debt coverage ratio for 2019.2 marks] 4. Revesturnover for 2018.02 marks) Inventory turnover for 2012 (2 marks