The financial statements of R Ltd for the year to 30 April 2018 are as follows:

R Ltd

Statement of comprehensive income for the year to 30 April 2018.

Statement of financial position as at 30 April 2018.

Dividends of ?1,000 (preference) and ?20,000 (ordinary) were paid in the year.

Required:

Insofar as the information given permits, calculate the following ratios for R Ltd for the year to 30 April 2018, stating any assumptions made:

(a) Return on capital employed?

(b) Return on equity.

(c) Gross profit margin.

(d) Net profit margin.

(e) Current ratio.?

(f) Quick assets ratio.

(g) Inventory holding period.

(h) Receivables collection period.

(i) Payables payment period.?

(j) Capital gearing ratio.

(k) Interest cover.?

(l) Dividend cover.

(m) Earnings per share.

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£000 £000 Assets Non-current assets Property, plant and equipment Current assets 208 Inventories 82 Trade receivables 58 Cash at bank 147 355 Equity 10% Preference shares of £1 10 Ordinary shares of £1 Retained earnings 100 19 129 Liabilities Non-current liabilities Long-term loans Current liabilities 150 Trade payables Payable re purchase of property, plant and equipment 45 21 Тахation 10 76 355