Calculate the following ratios for each year to one decimal place. Use end of year figures as insufficient detail is available to calculate averages.

a. Gross profit margin

b. Operating profit margin

c. Return on capital employed

d. Liquidity ratio

e. Acid test ratio

f. Inventories turnover period

g. Settlement period for trade receivables

h. Settlement period for trade payables

i. Gearing ratio

j. Interest cover

In a word and table

Income statement for the year ended 31st May Sales revenue Cost of sales Gross profit Distribution costs Administrative expenses Operating profit Finance income Finance cost- Interest Cost Profit for the year \begin{tabular}{rr} Year 2 & Year 1 \\ 000 & 000 \\ 103 & 97 \\ 4855 & 56 \\ -18 & 41 \\ 20 & -16 \\ 10 & 16 \\ 2 & 0 \\ 84 & =2 \\ \hline \end{tabular} Profit brought forward from previous year Retained Profits \begin{tabular}{lr} 157 & 125 \\ \hline & \end{tabular} Note: All purchases and sales are on credit terms. Extracted information from statement of cashflows for the year ended 31st May Dividends paid to equity owners 1764102