someone needs help here. thanks in advance for the answer.

QUESTION 4 Additional information 1. Nel sales during the year amount RM243,000 2. Net credit sales are 60% from the net sales, 3. Cost of goods sold is 30% of total net salos. 4. Assume that there are 365 days in a year. Required: The following information are extracted from the books of EZY Enterprise for the year ended 30 June 2021: a. Based on the information given above, compute the following ratios: 1 Quick ratio Gross profit margin Not profit margin Inventory turnover ratio Average collection period iv. v. (8 marks) Gross profit Total other income Total Operating expenses Total non-current assets Total current assets Account receivables Inventory as at 1 July 2020 Inventory as at 30 June 2021 Total non current Tables Total currentlabilities Capital as at 1 July 2020 RM 170,100 24,700 88.000 450,000 95,000 33,000 25,000 19,400 110.000 65.000 263 200 b. Based on your answer in (a) above, explain the following ratios: I. il II. iv. Quick ratio Net profit margin Inventory turnover ratio Average collection period (4 marks) . Stato whothor each of the following statements is TRUE or FALSE. Net profil margin can be used to measure the performance of the business entity Invontory turnover ratio is used by the creditor to know the business's ability to pay debts. Quick ratio is the measure of liquidity position of the business entity. (3 marks) Notar ea