Question: Please show all working out step by step. Derbyshire Logistics Ltd has the following information at December 31, Year 9: 000 000 Non-current liabilities 8,300

Please show all working out step by step. Derbyshire Logistics Ltd

Please show all working out step by step.

Derbyshire Logistics Ltd has the following information at December 31, Year 9: 000 000 Non-current liabilities 8,300 Trade payables 4,300 2,500 2,000 5,900 3,500 Prepaid rent payable Salary accrual Share capital and reserves Non-current Trade receivables Cash Depreciation for the year ass Equipment (after depreciation) not 32,800 4,000 12,000 Inventories 500 Compute Derbyshire Logistics Ltd's current ratio and gearing ratio. The current ratio equation is: Current ratio The current ratio for Derbyshire Logistics Ltd is: (Round to two decimal places as needed. If the answer is less than 1. place a "" in front of the decimal point.) Current ratio - The gearing ratio equation is: Gearing ratio The gearing ratio for Derbyshire Logistics Ltd, to the nearest whole percentage, s. Gearing ratio * 100 96

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