calculate the following ratios using the pre adjusted trial balance

a. Mark - up ratio b. ROCE c. Gross Profit as % of sales d. Net Profit as % of sales e. stock turnover d. current ratio e. acid test ratio f. debtor /sales ratio g. credit / purchases ratio h. margin

Required: Calculate the following ratios for John & Erica (2 x 10 x 2) = 40 marks) 2.1. Mark-up ratio 2.2. ROCE 2.3. GP as % of sales 2.4. NP as % of sales 2.5. Stock turnover 2.6. Current ratio 2.7. Acid test ratio 2.8. Debtor / Sales ratio 2.9. Creditor / Purchases ratio 2.10. Margin Post-Adjustment Trial Balance of John - 31 January 2020 Account Debit Credit Inventory 1 January 2020 80 000 Purchases 35 000 Sales 154 000 Other Expenses 5 000 Equipment at cost 24 000 Debtors 12 000 Creditors 16 000 Cash at bank 12 000 Depreciation 800 Drawings 4 600 Capital (4 600) Accumulated Depreciation Equipment 8 000 Note: Inventory on 31 January 2020 was NS7.500 Page 1 of 2 Credit 180 000 Post Adjustment Trial Balance of Erica - 31 January 2020 Account Debit Inventory 1 January 2020 65 000 Purchases 70 000 Sales Other Expenses 25 000 Equipment at cost 98 000 Fixtures and fittings Debtors 23 00 Creditors Cash at bank 9000 Depreciation 5 800 Drawings 4 000 Capital Accumulated Depreciation Equipment Note: Inventory on 31 January 2020 was NS20,00 4 500 107 300 8000