a$)$ Calculate the $8$ financial ratios for GCC Wholesale Plc $($Full accounts listed in the

appendix$)$

Gross Profit Margin

Net Profit Margain

Asset Turnover

Return on Capital Employed $($ROCE$)$

Current Ratio

Quick Ratio

Inventory Days

Capital Gearing

b$)$ Comment on the performance of GCC Wholesale Plc based on the ratios calculated in part a$.$

c$)$ Do you think it is likely that GCC Wholesale might experience problems running the business with so little cash. Outline some of the challenges?

d$)$ Despite its drawbacks why do so many analysts rely on ratio analysis?