B. Consider the following extracts from the balance sheet and profit and loss statements for Larry Ltd. Balance Sheet and Profit and Loss (Sm) 2019 2018 Accounts receivable 11,100 9,500 Sales revenue 57,418 55,896 Other operating revenue 2.513 2.424 Total operating revenue 59,931 58,320 Expenses: Operating expenses (55.401) 53.914) Operating profit before interest & tax 4,530 4,406 Interest expense (1.304) (1,362) Operating profit before tax 3,226 3,044 Income tax expenses (965) (918) Operating profit after tax 2.261 2.126 Calculate the following ratios for the Larry Ltd. for 2019: i. net profit margin ii. interest coverage iii. business risk iv. receivables turnover 1+1 +1+1 = 4 Marks Answers