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 120000 150000 Accounts and Notes Payable Accounts receivable Prepaid insurance Cash and cash equivalents Land, Buildings and Machines Sales 30000 110000 510000 1600000 450000 56000 Long-term Loan Inventory Total Owners' Equity Income Taxes Cost of Sales Selling and Admin Expenses Research Expenses Interest Expense Depreciation 270000 490000 150000 50000 30000 34000 Calculate the following and interpret your calculated figures: (Hint: Prepare the Balance Sheet & Income Statement first) (1) The debt ratio Format : 5.24(iv) The total assets tumover ratio Format : 0.62(11) The quick ratio Format : 5.63(v) The net profit margin on sales ratio Format : 6.27(m) The Current ratio Format : 0.85