on page 281, enter correct figures and formulae, and calculate the following accounting ratios:

(i) | Gross profit ratio.

(ii) | Rate of stock turnover.

(iii) Net profit ratio.

(iv) Expense ratio — salaries

(v) Return on capital employed ratio.

(vi) Current ratio.

(vii) Acid test ratio.

(viii) Debtors’ collection period, in days.

(ix) Creditors’ payment period, in days.