60 The financial statements of Paul and Silas Ltd for the year to 30 April 2019 are as follows: Paul and Silas Ltd Statement of comprehensive income for the year to 30 April 2019 000 Sales revenue 410 Cost of sales 255 Gross profit 175 Operating expenses 115 Profit before interest and taxation Interest payable 15 Profit before taxation 45 Taxation 10 Profit after taxation Statement of financial position as at 30 April 2019 000 000 Assets Non-current assets Property, plant and equipment 208 Current assets Inventories 82 Trade receivables 58 Cash at bank 7 147 355 35 i 1434= 36 10 100 19 129 Equity 10% Preference shares of 1 Ordinary shares of 1 Retained earnings Liabilities Non-current liabilities Long-term loans Current liabilities Trade payables Payable re purchase of property Taxation 150 45 21 10 76 355 Note: Dividends of 1,000 (preference) and 20,000 (ordinary) were paid in the year. Required As far as the information given permits, calculate the following ratios for Paul and Silas Ltd for the year to 30 April 2019: (a) Return on capital employed (b) Return on equity (c) Gross profit margin (d) Net profit margin (e) Current ratio (1) Quick asset ratio (9) Inventory holding period (h) Receivables collection period 0 Payables payment period () Capital gearing ratio (k) Interest cover (1) Dividend cover (m) Earnings per share All figures must be rounded to two decimal places