Income statement for the year ended $31$st Dec $2023$

$202120222023$

Turnover $7868411000$

Cost of Sales $503563730$

Gross Profit $283278270$

Admin Costs $109122145$

Net Profit $174156125$

Dividends $508080$

Retained Earnings $1247645$

Statement of Financial Position as at $31$st Dec $20223$

$202120222023$

Non$-$Current Assets $477832890$

Current Assets

Inventory $100120150$

Receivables $120140140$

Cash$/$Bank $422110$

$262281300$

Total Assets $7391,1131,190$

Current Liabilities $15419293$

Non$-$Current Liabilities $100412412$

Equity

Ordinary Shares $350350350$

Retained Profits $135259335$

$7391,1131,190$

$*$All current liabilities are trade payables Sector average ratios:

Return on capital employed $19\%$

Net profit margin $20\%$

Current ratio $1\mathrm{.}6$ Times Capital Gearing $($book value basis$)55\%$

Return on equity $15\%$

Calculate the following ratios for Madeira Plc:

Gross Profit Margin Net Profit Margin

Current Ratio $+$ Quick Ratio Net Asset Turnover Receivable Days

Payable Days

Return on Capital Employed Capital Gearing