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Total Current Assets 1.800,000 TOTAL ASSETS 4,500,000 EQUITY AND LIABILITIES Amount (P) Equity Share Capital 2.000.000 Retained Earnings 686.400 Total Equity 2.686,400 Non-Current Liabilities Long-term Loan 1,000,000 Current Liabilities Trade Payables 500.900 Income Tax Payable 193,600 Accrued Expenses 120.000 Total Current Liabilities 813,600 TOTAL EQUITY AND LIABILITIES 4.500,000 Required: You are required to calculate the following ratios and comment on these ratios: 1 Gross Profit Margin 2. Net profit margin 3. Current Ratio 4. Quick Ratio 5: Debt equity ratio JA 6. Return on Equity 7. Inventory turnover 8 Receivables days 9. Asset turnover 10. Interest coverage (2 marks for each ratio)