Drake plc Income statements and statements of financial position of Drake plc are given below. Income statements (Statement of Profit and Loss): - ROCE - Net profit margin - Current ratio - Quick ratio - Inventory turnover - Capital gearing - Interest cover - Dividend cover a) Calculate the 8 financial ratios for Drake Plc (Full accounts listed in the appendix) b) Comment on the performance of Drake Plc based on the ratios calculated in part a. c) What problems might Drake Plc face with its Liquid and illiquid assets? d) Despite its drawbacks why do so many analysts rely on ratio analysis