please show workings also and I need in word document form

2. Marsden Sea Foods Ltd produces cereals and sells to whole sellers. The financial statements for 2020 and 2021 are as follows: Income statements for the year ended 31st December 2020 2021 000 000 Revenue 1,200 1,150 Cost of sales (730) (600) Gross profit 470 550 Operating expenses (170) (210) Depreciation (70) (60) Operating profit 230 280 Interest (-) (8) Profit before taxation 230 272 Taxation (70) (50) Profit for the year 160 222 Statements of financial position as at 31 December 2020 E000 2021 E000 ASSETS Non-current assets Machinery vehicles and equipment 700 Current assets Inventories 235 Trade receivables 155 Cash 6 255 391 Total assets 955 1,091 EQUITY AND LIABILITIES Equity 450 550 Ordinary share capital (1 shares, fully paid) Retained earnings 302 300 752 850 Non-current liabilities Borrowing - bank loan 60 Current liabilities Trade payables 60 56 Other payables and accruals 22 19 Taxation 40 24 Short-term borrowings (all bank overdraft) 81 82 203 181 Total equity and liabilities 955 1,091 Dividends were paid on ordinary shares of 70,000 and 72,000 in respect of 2020 and 2021 respectively. a) Calculate the following ratios for both 2020 and 2021 (using year-end figures for statement of financial position items): Return on capital employed Operating profit margin . Gross profit margin . Current ratio . Acid test ratio . Settlement period for trade receivables Settlement period for trade payables Inventories turnover period (32 marks) b) Comment on the performance of Marsden Sea Foods Ltd from the viewpoint of a business considering supplying a substantial amount of goods to Marsden Sea Foods Limited on usual trade credit terms. (3 marks) 700 150 100 5