Calculate the following ratios:

1. Current Ratio
2. Acid-Test Ratio
3. Average Collection Period [Note: using a 365 days]
4. Debt Ratio
5. Gross Profit Margin
6. Return on Asset

Ratio analysis involves a method of calculating and interpreting financial ratios to analyze and monitor the firm's performance. Use the financial statement below for Storage Food Sdn Bhd for the year ended December 31, 2019. Sales (-) Cost of goods sold Gross profit (-) operating expenses Operating profit (-) interest expenses Net profit before taxes (-) taxes (30%) Net income Storage Food Sdn Bhd Income statement for the year ended December 31, 2019 (RM000) RM 1,000 750 250 80 170 65 105 31.50 73.50 Storage Food Sdn Bhd Balance Sheet for the year ended December 31, 2019 (RM000) RM 15 Account payable 35 Accruals 21 Total current liabilities 71 Long-term debt 60 Common stock Preferred stock Retained earnings 131 Total liabilities & shareholder's equity RM 18 20 Cash Account receivable Inventory Total current asset Net fixed asset 38 41 16 21 15 131 Total asset