John Wick $($Pty$)$ Ltd operates a business which manufactures guns and ammunition which are then sold to local gun stores. The abridged accounts for $2021$ and $2022$ are given below $($all sales are on credit$)$: John Wick $($Pty$)$ Ltd Statement of Profit and Loss for Year Ender $28$ February: $20212022$ Sale $19202180$ Cost of Sale $14001530$ Direct Materials $780920$ Direct Wages $510390$ Factory overheads $110220$ Gross Profits $520650$ Expenses $200260$ Administration Cost $120145$ Distribution Cost $80115$ Net Profit for the year $320390$ Staement of Financial Position as at $28$ February: $20212022$ Assets Non$-$Current Assets $7203895$ Freehold Premises $400400$ Plant and Machinery $200395$ Furniture and Fittings $120100$ Current Assets $370420$ Inventory $200250$ Trade Receivables $130166$ Bank $300$ Cash in Hand $104$ Total Assets $10901315$ Equity and Liabilities Equity $9401120$ Capital $900940$ Net Profit for the Year $40180$ Liabilities Current Liabilities $150195$ Trade Payables $150160$ Bank Overdraft $035$ Total Equity and Liabilities $10901315$ Required: As a financial analyst calculate the following ratios for John Wick $($Pty$)$ Ltd for both the $2021$ and $2022$ financial years: $(12)3\mathrm{.}1$ Gross profit ratio $(1)3\mathrm{.}2$ Net profit ratio $(1)3\mathrm{.}3$ Return on equity $(1)3\mathrm{.}4$ Fixed asset turnover $(2)3\mathrm{.}5$ Inventory turnover $(2)3\mathrm{.}6$ Accounts receivable collection period $(2)3\mathrm{.}7$ Current ratio $(1)3\mathrm{.}8$ Quick ratio $(2)$ Round your answers to $2$ decimal points and round the trade receivable collection period to a full day. Note: Non$-$Current Assets as at $1$ March $2020$ was R$620000$ Trade Receivables as at $1$ March $2020$ was R$100000$ Inventories as at $1$ March $2020$ was R$180000$