Use the following information to answer question 15 - 17 Kiwi Limited. manufactures and sells 'kiwiana' items to retail outlets throughout New Zealand. Kiwi Limited was listed on the New Zealand Stock Exchange in late 2018. The following data has been calculated from its financial statements. 2018 2019 Industry Average (2019) Gross Profit Margin 31% 33% 35% Net Profit Margin 9% 8% Return on Assets 12% 11% 12% Current Ratio 2.1x 2.4x 2 times Quick Ratio 1.Ox 0.8x 1.1 times Days debtors (days) 49 43 46 Days inventory (days) 75 days 95 days 60 days Gearing Ratio 25% 15% 50% Interest coverage ratio rage ratio 6% 8x 4 times Question 15 3 pts Explain what is causing the Return on Assets of Kiwi Ltd. to decline compared to the previous year and the industry average. (Word limit: maximum of 70 words) 12pt v Paragraph v B I V Av av Tev : O O words > Question 16 1 pts Which ratio from the "Kiwi Limited. information" focus on liquidity (short term survival)? Question 17 3 pts What is the most likely reason that the current ratio is increasing while the quick ratio is decreasing? Explain your answer. (Word limit: maximum of 130 words) 12pt v Paragraph ~ B I U Av av Tev E O O words >