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Below is the adjusted trial balance of Wally Company as at 31 December 2019 before year end closing Wally Company Adjusted Trial Balance 31 December

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Below is the adjusted trial balance of Wally Company as at 31 December 2019 before year end closing Wally Company Adjusted Trial Balance 31 December 2019 Credit Debit s 84,000 165,000 265,000 50,000 625,000 50,000 Cash Accounts receivable Inventory Prepaid rent Land Machine Accumulated depreciation: Machine Accounts payable Dividend payable Notes payable (due in 6 months) Notes payable (due in 5 years) Ordinary shares (par value $1.5 per share) Retained earnings Dividend 10,000 110,000 72,000 40,000 360,000 300,000 347,000 72,000 3.214,000 Sales revenue Sales Return and Allowance Cost of goods sold Operating expense Interest expense Income tax expense TOTAL 124,000 1,996,000 950,000 57,000 15,000 4,453,000 4,453,000 Beginning and ending balances of all assets, liabilities and equity items remain almost constant throughout the year. In 2019 the company had declared dividend only once and to be paid out in January 2020. Market price per share on 31 December 2019 was $162 Required: Compute the following for Wally Company. Round your answers to two decimal places. Show your workings. All answers MUST use the designated unit as specified in the question, if any. (a) Working Capital (S) (2 marks) (b) Quick Ratio (2 marks) (c) Inventory Turnover Rate (2 marks) (d) Debt Ratio (in %) (2 marks) (e) Return on Assets (%) (2 marks) (t) Dividend Yield (in %) (2 marks) (g) Gross Profit Margin (in %)

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