Can you please show workings Thank you.

QUESTION 4 (25 MARKS] Superior Ltd is a company which has grown in recent years by acquiring other companies. Superior has targeted two firms, Boss Ltd and Brealey Ltd, operating in the same industry sector for acquisition. The acquisition (100%) cost for each company is estimated to be $ 24 million. The financial statements of the two target companies for the year ended 31 December 2019 are shown below: Statements of profit or loss for the year ended 31 December 2019 Boss $ 000 Revenue 50,000 Cost of sales (38,000) Gross profit 12,000 Distribution and administrative expenses (2,500) Finance costs (500) Profit before tax 9,000 Income tax expense (1,800 Profit for the period 7,200 Brealey $ 000 80,000 (65,600) 14,400 (4,600) (1,800) 8,000 (2,000) 6,000 Statements of financial position as at 31 December 2019 Boss $ 000 Non-current assets Property, plant and equipment (note (0) 9,600 Brealey $ 000 20,600 Current assets Inventory Trade receivables Bank Total current assets 3,200 4,200 2,200 9,600 6,800 10,200 400 17,400 Total assets 19,200 38,000 2,000 Equity and liabilities Capital and reserves Equity shares of $1 Property revaluation surplus Retained earnings Total capital and reserves 4,000 1,800 5,400 11,200 3,200 5,200 8,400 Non-current liabilities Finance lease obligation 6% loan notes (Note (ii)) 11% loan notes (Note (ii)) Total non-current liabilities 10,000 10,000 18,400 10,000 Current liabilities Finance lease obligation Trade payables Tax payable Total current liabilities 2,500 1,500 4,000 2,000 4,200 2,200 8,400 Total equity and liabilities 19,200 38,000 NOTES 1. Carrying value of plant: Owned Plant - Cost Accumulated depreciation Boss $ 000 16,000 (6,400) 9,600 Brealey $ 000 20,000 (16,000) 4,000 Leased plant 16,600 2. Loan period: 01 January 2015 to 31 December 2021. 3. Ratios of Brealey for year ended 31 December 2019 are as follows: Brealey (0) Return on year end capital employed 31% (Finance lease obligations (current and non-current liabilities) are treated as debt) (ii) Net asset turnover 2.53 times Gross profit margin 18.0% (iv) Net profit margin before interest and tax 12.3% Current ratio 2.1 times (vi) Closing inventory holding period 38 days (vii) Trade receivables' period 47 days (viii) (ix) Trade payables' period Gearing 23 64.6% days REQUIRED (a) Calculate the equivalent ratios for Boss Ltd for the year ended 31 December 2019. (b) [15 Marks] Using the information provided and the ratios calculated in part (a), assess the relative performance and financial position of Boss Ltd and Brealey Ltd for the year ended 31 December 2019 in order to assist the directors of Superior Ltd to make an acquisition decision. (10 Marks]