The following data relates to extracts from the financial statements of Haxell Ltd for the year ended 31 December 2017:

The value of inventory as at 31 December 2017 was £180,000. The market price of an ordinary share on 31 December 2017 was £2.25.
From this data, calculate the following ratios:
• gross profit margin;
• net profit margin;
• return on capital employed;
• acid test ratio;
• current ratio;
• dividend yield;
• debt/equity ratio;
• gearing.

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Turnover Gross profit Net profit Dividends Non-current assets Current assets Current liabilities Net current assets Non-current liabilities Debentures Equity Ordinary shares of 1 each Reserves 000 600 420 95 35 000 000 2,000 380 270 110 2,110 700 1,410 800 610 1,410