compute current ratio, acid test ratio, debt equity ratio, times interest earned ratio, inventory turnover ratio, average collection period, total assets turnover ratio, net profit margin ratio, earning power, return on equity and evaluate performance with regerence to standards

8. The 20X0 Balance Sheet and Profit and Loss Account for Omex Limited are given below Compute the financial ratios for Omex. Evaluate Omex's performance with reference to the standards.