(A) The following financial statements and other information relevant to Potassium PLC. Statement of P/L for the year ending 31.03. Revenue Cost of Sales Gross profit Other income Operating expenses Finance & other PBT Income tax expense Profit for the year 2019 (Rs.000) 4,500 (2.700) 1,800 100 (350) (150) 1,400 (400) 1,000 2018 (Rs.000) 4,000 (2.320) 1,680 400 (340) (75) 1,665 (600) 1,065 Statement of Financial Position as at 31.03. NCA PPE Intangible assets CA Inventories Trade receivables Prepayments Cash and cash equivalents Total Assets Equity Stated capital-ordinary shares Revaluation reserves Retained earnings NCL Borrowings CL Trade payables 2019 (Rs.000) 4,500 500 650 375 50 75 6,150 3,000 1,000 500 1,225 425 6,150 2018 (Rs.000) 4,100 600 550 525 -40 25 5,840 3,000 1,000 600 690 550 5,840 The following additional information is also available. 1. The inventories, trade receivables and trade payable balance as at 31.03.2017 were as follows. Inventories Rs.610,000 Trade receivables Rs.475,000 Tarde payables Rs.600,000 2. Total equity and total assets as at 31.03.2017 were as follows. Total equity Rs.3,000,000 Total Assets Rs.5,200,000 a. Calculate the following ratios for the year 2018/19 and 2017/18 (i) Gross profit ratio (ii) Net profit ratio (iii) Return on equity (iv) Current ratio (v) Quick asset ratio (vi) Inventory residence period (vii) Debtors' collection period (viii) Debt to equity ratio (ix) Interest cover ratio