The following is the balance sheet of Pickle Co. Ltd at 31 December 19XO:

Balance Sheet as at 31 December 19XO Fixed Assets Machine less accumulated depreciation Current Assets Inventory Debtors Lell: Current liabilities Creditors Overdraft Net Current Assets 800 1700 2500 1100 300 1400

£

4000 1100

£5100 Financed by,'
Owners' Equity Control Share capital (3000 Ordinary shares of £ 0.50 each)
Retained profit Loan at 1 Cf'1o Profit Statement for year ending 31 December 19 XO Sales revenue Less: cost of goods sold Gross profit Less: expenses Net profit Dividends Retained profit 1500 2100 3600 1500 £5100 £
12000 8000 4000 2000 2000 500 £1500 Calculate the ratios you would consider important in assessing whether you would buy shares in the company? What criteria would you choose in order to assess the ratios?