4 ABC store has provided the following financial data. 120,000 90,000 15,000 15,000 Sales Cost of goods sold Total Expense Fixed assets Current assets Stock 22,500 Debtors 2,500 Cash 7,500 Current liabilities Capitals 32,500 7,500 15,000 Required: Calculate the following ratios (a) Gross profit as percentage of sales (b) Net profit as percentage of sales (c) Current ratio (d) Acid test ratio (e) Stock turnover