Extracts from a company's accounts show he following:

$000 $000

Non-current assets 30,000

Current assets

Inventory 22,000

Trade receivables 12,506

Cash 5,006

39,512

Total assets 69,512

Equity

Share capital 100

Revaluation reserve 12,000

Retained earnings 26,412

Non-current liabilities

Loans 16,000

Current liabilities

Trade payables 15,000

Total equity and liabilities 69,512

Required

1) What is the gearing ratio (total debt/equity)of the company?

2) What is the company's current ratio (to the nearest two decimal places)

3) What is the company's quick ratio (to the nearest two decimal places)?

4) What is the ROCE of the company (return on capital employed)?

5) What are the receivable days to the company(to the nearest whole day?