QUESTION $2[20$ MARKS$]$ ABMA enterprise, a computer hardware manufacturer, has obtained accounting ratios relating to averages for similar organisations in the industry. The average ratios for the period $1$ January $2016$ to December $2016$ are as follows: Return on capital employed $21\mathrm{.}6\%$ Net assets turnover $1\mathrm{.}6$ times Gross profit margin $25\%$ Net profit $($before tax$)$ margin $10\mathrm{.}5\%$ Current ratio $1\mathrm{.}5$:$1$ Quick ratio $0\mathrm{.}8$:$1$ Inventory holding period $42$ days Trade receivable collection days $41$ days Trade payables payment period $59$ days Debt to equity $35\%$ Dividend yield $5\%$ Dividend cover $4$ times The summarised financial statements for ABMA for the period $1$ January $2016$ to $31$ December $2016$ are as follows: Income statement BWP Sales revenue $4850000$ Cost of sales $(3740000)$ Gross profit $1110000$ Other operating expenses $(430000)$ Operating profit $680000$ Interest payable $(68000)$ Loss on sale of obsolete stock $(240000)$ Profit before tax $372000$ Tax $(180000)$ Profit after tax $192000$ Changes in equity Retained profits $1$ January $2016358000$ Net profit for the period $192000$ Dividend paid $(180000)$ Retained profit $31$ December $2016370000$ Statement of financial position BWP BWP Non$-$current assets $1080000$ Current assets: Inventory $550000$ Trade receivables $6400001190000$ Total assets $2270000$ Share capital and reserves: Ordinary $50$p shares $300000$ Retained profits $370000670000$ Non$-$ current liabilities: $7\%$ loan note $600000$ Current liabilities: Bank overdraft $130000$ Trade payables $700000$ Tax $1700001000000$ Total equity and liabilities $2270000$ The following information is also relevant: $$ The non$-$current assets cost P$7200000$ and accumulated depreciation as at $31$ December $2016$ is P$6120000$ Liquidity$$s ordinary shares averaged a market price of P$12$ throughout the period. Required: a$.$ Calculate $($to one decimal place$)$ the ratios for ABMA enterprise equivalent to those for the industry averages. $(20$ marks$)$