Calculate following ratios on the basis of the following information: (i) Gross Profit Ratio; (ii) Current Ratio; (iii) Acid Test Ratio; and (iv) Inventory Turnover Ratio. Revenue from Gross Profit 50,000 1,00,000 Operations Inventory 15,000 Trade Receivables 27,500 Cash and Cash 17,500 Current Liabilities 40,000 Equivalents