A Using the following balance sheet and profit and loss accounts, calculate and comment on ten accounting ratios (ignore taxation):

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Balance Sheet as at 31 December 19X1 (000s) Fixed Assets Equipment at cost 6,000 Less Depreciation to date 2,000 4,000 Current assets Stock 600 Debtors 60 Bank 660 Less Current liabilities Creditors Dividends payable Bank overdraft 90 80 450 620 40 4,040 Long-term liabilities 10% debentures Financed by Share capital - 1 ordinary shares Reserves General reserve Profit and loss account 500 3,540 2,000 800 740 3,540