QUESTION THREE [25] Uptodate Projects Lid has approached you to analyse and interpret their financial statements. The following amounts were extracted from the records of the company. Required: 3.1 Explain the purpose of financial statement analysis. (3) 3.2. Calculate each of the following ratios for each of the three (3) years: 3.21 Accounts receivable collection period 3.2 .2 Inventory holding period 3.2 .3 Accounts payable payment period 3.24 Current ratio 3.2.5 Acid test ratio (15) 3.3 Comment on the company's working capital management in light of the analysis undertaken in 3.2 above. (7) QUESTION FOUR [25] 4.1 Describe the various types of factory/ manufacturing overheads which may occur in project cost management. (10) 42. Analyse the factors that influencel determine industry cost standards (15)