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Exercise 4 (2 marks) Calculate Current Ratio and Quick Ratio from the following information and give your interpretation Cash ............... OMR 130,000 Accounts Receivable..... OMR 140,000 Inventory OMR 150,000 Bills Receivable OMR 110,000 Advance Tax.. OMR 14,000 Accounts Payable....... OMR 160,000 Bank Overdraft OMR 14,000 Bills Payable. OMR 140,000 Exercise 5 (2 marks) Calculate Current Ratio and Quick Ratio from the following information and give your interpretation. Inventory. OMR 20,000 Accounts Receivable..... OMR 40,000 Cash in hand.... OMR 25,000 Cash at Bank....... OMR 30,000 Prepaid Expenses... OMR 5,000 Accounts Payable. OMR 35,000 Outstanding expenses OMR 15,000 Bills Payable. OMR 20,000 (1.5 marks) Exercise 6 Calculate Debt Ratio from the following information. Assets Amount(OMR) Liabilities and Equity Amount(OMR) Cash and Bank 55,000 Creditors 16,000 20,000 Debtors Debentures 20,000 Stock 35,000 44,000 Bank Loan (long term) Land and Buildings 70,000 Shareholder's equity 60,000 10,000 Furniture Retained Earnings 50,000 Total 190,000 Total 190,000 Note: Write your answers in other piece of paper