Calculate and comment upon some gearing ratios for Vopod plc. Extracts from Vopod plc Balance sheet and profit and loss account, 20X1 Em Em Non current assets 96,804 Current assets: Inventory 288 Trade and other receivables 5,023 Taxation recoverable 21 Cash and cash equivalents 7,481 12,813 of which: (18,946) Short term borrowings 4,817 Long term borrowings (17,798) Other Non-current liabilities (5,580) Net assets 67,293 { Profit before interest and taxation (ignoring goodwill impairment) Interest payable } 9,200 (1,612) Market capitalisation 93,300 *Calculate four capital gearing ratios, income gearing ratio and interest cover