Munyah Ltd. is an expanding company and the following accounts relate to its operations for the years 1999 and 2000:

Required:
(i) Compute six accounting ratios for both 1999 and 200(1 which you feel would be of particular value in assessing the Profitability and Liquidity of Munyah Ltd.
 

Profit statement for the year ended 30 June 1999 2000 Sh. Sh. 4,800,000 2,700,000 2,100,000 825,000 1,275,000 37,500 1,275,000 480.000 757,500 262,500 495,000 Sales 3,000,000 1,650,000 1,150,000 675,000 675,000 37,500 637,500 240,000 397,500 187,500 210,000 Less: cost of goods sold Gross profit Less: trading expenses Trading profit Less: Debenture interest Net profit before taxation Less: Corporation tax Net profit after taxation Less: Ordinary share dividend Undistributed profit for the year