State whether the following are true or false? If false, explain why.

Gross profit

(a) Gross profit ratio = SE Oe Sales Net profit after taxation

(b) Net Net profit profit ratio rati Ss 1 Average esr hig capital Ty pai ete employed eal RS Current assets — stock

c) Current asset ratio —

(©) Current liabilities Debtors

(d) Debtors collection period Credit sales per day Sales set turnover ratio

a, | one tee a lee Fixed assets Dividend per ordinary share

(f) Dividend yield = Bales Profit after tax and preference dividends (g) Earnings per share a Number of ordinary shares