on page 283, enter correct figures and formulae, and calculate the following accounting ratios: (i) | Gross

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on page 283, 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 — rent and rates

(v) Return on capital ee ratio.

(vi) Current ratio.

(vii) Acid test ratio.

(viii) Debtors’ collection period in days.

(ix) Creditors’ payment period in days.

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