Below are the financial statements for Aspirations Pty Ltd.

Statement of Financial Position at 30 June 2017

Non-Current Assets	2017	2018	2019
Plant, Property and Equipment	425,000	405,000	399,000
Current Assets
Short-term Investments	0	0	4,300
Inventory	89,300	90,000	70,500
Receivables	161,800	166,500	140,400
Total Assets	676,100	661,500	614,200
Equity and Liabilities
Share Capital	100,000	100,000	100,000
Revaluation Reserve	29,000	65,800	82,350
Retained earnings	214,400	286,800	384,050
Total Equity	343,400	452,600	566,400
Non-current Liabilities
Loan	260,000	170,000	10,000
Current Liabilities
Trade Payables	67,700	36,000	35,000
Overdraft	5,000	2,900	2,800
Total Equity and Liabilities	676,100	661,500	614,200

Statement of Comprehensive Income for the Year Ended 30 June 2019

	2018	2019
Revenue	1,247,000	890,000
Cost of Goods Sold	839,500	576,000
Gross Profit	407,500	314,000
Administrative Expenses	56,800	51,000
Distribution Costs	118,700	79,000
Profit from Operations (EBIT)	232,000	184,000

Finance Cost	12,000	5,000
Profit Before Tax	220,000	179,000
Company Tax Expense	67,600	41,750
Net Income	152,400	137,250
Gain on Revaluation (OCI)	36,800	16,550
Total Comprehensive Income	189,200	153,800
Dividend approved Required:	80,000	40,000

Calculate the following ratios for in 2018 and 2019

1. Quick ratio. In this calculation you are to use the end-of-year numbers.
2. Gearing Ratio. In this calculation you are to use the end-of-year numbers.
3. Interest Cover
4. Dividend Cover
5. ROCE (Return on Capital Employed). In this calculation you are to use the average capital employed. Please note that ROCE in this context also means ROTC (Return on total Capital). Please do not confuse ROCE here with Return on Common Equity. That is an American term and is not needed in this examination question.