4. Calculate related ratios and common Alex Ltds long-term and short-term solvency

3 -A The statement of financial position 20X9 20X8 Asset Fixed assets Inventory Trade debtors Bank and cash 468,564 21,400 21,650 66.540 578 154 256,464 17,890 25,200 60.000 359,554 Liability Trade creditors Interest payable Loan 15,900 1.800 120.000 18,900 600 120.000 139.500 137700 Equity Share capital Share premium Reserve 200,000 230.000 10.454 440.454 578.154 120,000 100.000 54 220.054 359.554 The statement of comprehensive income 20X9 Sales 150.000 Cost of sales 69.000 Gross profit 81.000 Depreciation charge 13,000 Interest cost 7,200 Other operating expenses 47 800 Profit before tax 13.000 Tax 2.600 Profit after tax 10,400