Calculate to 2 decimal places the following ratios for the company for the year of 2018:

(i) Gross profit ratio

(ii) Net income to revenue ratio (after tax)

(iii) Return on shareholders equity (after tax)

(iv) Current ratio

(v) Quick ratio

(vi) Accounts receivable collection period (in days)

(vii) Debt-to-equity ratio

(viii) Inventory turnover (in times)

You are given the financial information of Hong Kong Airline Supplies Limited for the financial years of 2017 and 2018 as follows: 2018 $000 Revenue (all credit sales) Less: Cost of Sales Gross profit Less: Operating expenses Operating profit before tax Less: Income tax expense Net income 2017 $000 4,800 2,880 1,920 1,236 684 154 530 3,600 1,700 1,900 1,100 800 140 660 Cash 71 307 Accounts receivable Inventories Non-current assets (net) Accounts payable Accrued expenses Bank loan, repayable in 2022 Share capital Retained earnings 38 427 583 2,488 830 19 797 1,000 890 602 2,902 693 18 175 1,100 1,550