2017 Part A (12 marks) The table below provides the necessary financial information of John Ltd. 2019 2018 Profit for the year (5) 350,000 167,000 Total assets for the year (S) 1,700,000 1,600,000 Total current assets ($) 500,000 450,000 Total current liabilities (8) 1,200,000 900,000 Total non-current liabilities ($) 600,000 400,000 1,350,000 Required: Calculate the three ratios listed below for both 2019 and 2018. You are required to show all necessary werkings, including ratio formulas (12 marks) Answers: Retum on total assets 2019 2018 Current ratio 2019 2018 Debt to total assets ratio 2019 2018