6) The Balance Sheet and Income Statement of a Horizon Ltd. are given below. Balance Sheet as on 31-3-2010 Income statement year ended 31-3-2010 Sundry debtors and stock at the beginning of the year was $6,000 and $8,000 respectively. ou are required to determine the following ratios, a) Current ratio b) Acid test ratio c) Inventory turnover ratio d) Debtor turnover ratio e) Gross profit ratio f) Net profit ratio