Interpretation: (2 mark) Give interpretation for all the ratios Current Ratio= Current Assets / Current Liabilities 2019 =9,512,881/8,657,219 = 1.10 2020 = 11,680,185/9,946,872 = 1.17 Quick Ratio = Quick Assets / Current Liabilities 2019 = (9,512.881 3,101,750)/8,657,219 = 0.74 2020 = (11,680,185-4,538,741)/9,946,872 = 0.72 Gross Profit Ratio (Gross Profit /Sales) * 100 2019 =(5,242,522/ 19,689,541)* 100 = 26.63% 2020 = (6,097,780/20,395,674) * 100 = 29.90% Operating Profit Ratio = [Gross Profit - Operating Exp) / Sales] * 100 2019 = [(5,242,522 - 2,985,091 - 1.230,886-316,991)/ 19,689,541] * 100 = 3.60% 2020 = [(6,097,780 - 3,563,330- 1,281,346-250,229/ 20,395,674] * 100 = 4.92%