Activities Core Points Guestion Teleting Learning Materials The following are the statements of Profit or Loss and Financial Position of Nkunimba Hd for the last Evaluation and Remarks two years statement of Proff or Loss for the year ended 31 Der 2020 2019 Turnover 19845 18,900 Cost of Sales (11,890) (10340 Gross Profit 2955 8560 Aistribution and Admin expenses (2,996) (3,173) operating Profit 4959 5387 Interest (1,050) (815) Profit before Tax 3.909 4572 Taxation (1838) (2,000) Net Profit after tax 2,071 2,572 statement of Financial Position as at 31 Dec. 2019 Non-current assets 20,211 21,141 Current Asset Inventories 3.995 2,663 Trade Receivables 3,164 2,260 Cash 55 53 7,214 4976 Total Assets 27,425 26,112 Equity and Liabilities 2020 Share Capital Retained Earnings 8,000 7584 15,584 8.000 7,313 15,313 Non-Current Litability Debenture stocks 5,000 5,000 Current Liabilities Trade Payables 446 388 Bank Overdraft 3,400 2,300 Taxation 4 195 1,420 Dividend Payable 1,800 1,696 6,841 5,804 Total Equity and Liabilities 27,425 26, 117 Required. @ Calculate the following tatos i Operating profit margin i Return on capital employed i Current ratio iv. Receivables collection Debt to Equity Interest cover 6 Write report to the CEO of Nkunimba Hd Commenting on the profitability, liquidity and gearing of the company for the two year periods based on the ratios computed above and advice management where appropriate period V vi