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(10 Marks) RATIO ANALYSIS The following financial statements were extracted from the books of Calro Furniture Ltd for the year ended 31 December 2022 Income

image text in transcribed (10 Marks) RATIO ANALYSIS The following financial statements were extracted from the books of Calro Furniture Ltd for the year ended 31 December 2022 Income Statement for the year ended 31 Dec. 2022 Statement of Financial Position as at 31 Dec 2022 equirea: Compute the following ratios. i. Gross profit ratio ii. Net profit margin ratio iii. Return on capital employed iv. Current ratio v. Quick ratio vi. Debt-to-Equity ratio vii. Average collection period viii. Receivables Turnover ratio

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