Consolidated Balance Sheet OF PZ 2019 2018 $0 $0 Turnover 60,000 50,00 Cost of Sales 42,000 034,00 G 0 ross Profit 18,000 16,00 O 0 perating Expenses 15,500 13,00 2,500 03,00 Interest Payable 2,200 01,30 Profit before taxation 300 01,70 Taxation 350 0 600 (Loss) Profit after taxation -50 1,10 Dividends 600 0 600 Transfer(from) to Reserves -650 500 Balance sheet $ $ 3 Fixed Assets Intangible 850 Tangible 12,000 11,000 12,850 11,000 Current Assets Stocks 14,000 13,000 Debtors 16,000 15,000 Bank and Cash 500 500 30,500 28,500 Creditors due within one year 24,000 20,000 Net Current assets 6,500 8,500 Total assets less current liabilities 19,350 19,500 Creditors due after one year 6,000 5,500 13,350 14,000 Capital and Reserves $ $ Share Capital 1,300 1,300 Share Premium 3,300 3,300 Revaluation Reserve 2,000 2,000 Profit and Loss 6,750 7,400 13,350 14,000 You are required to prepare a table of the following ratios, calculate for both years, clearly showing the figures used in the calculations: Current and Quick Ratio (3 Marks) Gross profit % (3 Marks) Debtors turnover in days (2 Marks) Creditors turnover in days (3 Marks) Net profit % (before taxation (2 Marks)