the selected ration calculated for beta Ltd over 2 yeas are

The selected ratios calculated for Beta Ltd over 2 years are: 2020 2019 1.9 2.4 a. Current ratio b. Quick asset ratio 0.7 0.9 c. Accounts receivable turnover Days in accounts receivable 19,4 times 23.5 times 18.8 days 15.5 days 6.5 times 8.5 times 56.2 days 42.9 days d. Inventory turnover Average days in inventory Required: 1. la. 1b. 1c. 1d. Without showing how the ratios are calculated, briefly state what each of the four (4) ratios indicates: Current ratio Quick ratio (Acid-test) Accounts receivable turnover and days in receivables Inventory turnover and days in inventory (3 marks) 2. Comment on the company's position, with respect to each of the 4 ratios. How has the company's position changed from 2019 to 2020 and outline what could have caused the changes? In your answer, comment on what these ratios taken together, indicate about Beta