Question Ref. No: 3224 The data below are based on the financial statements of JJ Sdn Bhd for the year ended 31 December 2018. Item Amount Accounts and Notes Payable 90000 Accounts receivable 150000 Prepaid insurance 30000 Cash and cash equivalents 160000 Land, Buildings and Machines 780000 Sales 1500000 Long-term Loan 450000 Inventory 57000 Total Owners' Equity X Income Taxes 270000 Cost of Sales 590000 Selling and Admin Expenses 150000 Research Expenses 50000 Interest Expense 30000 32000 Depreciation Calculate the following and interpret your calculated figures: (Hint: Prepare the Balance Sheet & Income Statement first) Format: 0.96(ii) The quick ratio (i) The debt ratio Format 6.99(iii) The Current ratio Format 9.34(iv) The total assets turnover ratio Format: 6.93(v) The net profit margin on sales ratio Format 0.49