Mr A$.$ Makebe owns a sugarcane farm in the Mpumalanga sugar belt. As his financial advisor, it is your job to monitor changes in the financial structure of his operations over time.

He presents you with his Balance Sheets for the $201$X and $201$Y seasons. In addition, he informs you that Net Farm Income for $201$X was R$256000$ while interest charges on loans totaled R$150000.$ Corresponding figures for $201Y$ were R$1060000$ and R$238000,$ respectively.

Use ratio analysis to compute the following financial ratios from the data that he provided:

A$.$ Solvency measures:

i$.$ Net capital ratio

ii$.$ Leverage $(\text{'}$gearing$\text{'})$ ratio.

iii. Own capital ratio

B$.$ Liquidity measures:

i$.$ Current ratio

ii$.$ Acid test ratio $($assume livestock and supplies cannot be converted to cash immediately$)$

iii. Intermediate $($medium$-$term$)$ ratio