need the answer for this too, the last part which i posted few hours, the rest have been anwered

Chapter 4 Analyzing and Interpreting Financial Statements 163 (v) Acid test ratio (vi) Collection period for receivables (vii) Payment period for payables (viii) Inventory turnover period. (b) Comment on the performance of Threads Limited from the viewpoint of a business considering supplying a substantial amount of goods to Threads Limited on usual credit terms. Genesis Ltd. was incorporated in 2007 and has grown rapidly over the past three years. The rapid management has found difficult to deal with. rev one there is no interest or taxes. 419 Threads Threads Limited manufactures nuts and bolts, which are sold to industrial users. The abbreviated fina tal statements for 2010 and 2009 are as follows Threads Limited Income Statements for the year ended June 30, 2010 2009 (in $ thousands) 1,200 1,180 750 680 450 500 Sales Less: Cost of goods sold Gross profit Operating expenses Depreciation Interest Earnings before taxes Income tax expense Net income 162 Chapter 4 p o rting Threads Limited Balance Sheets as at June 30. 2009 2010 Current assets 102 Accounts receivable 156 736 1,083 Esse 18 Total current assets Property, plant, and equipment (net) Total assets Current liabilities Bank overdraft Accounts payable Income taxes payable Other accrued liabilities Total current liabilities Long-term liabilities Bank loan Total liabilities Shareholders' equity Common shares Retained earnings Total shareholders' equity Total liabilities and shareholders' equity 11. 500 500 295 795 1,083 2009 Threads Limited Statements of Retained Earnings for the year ended lune 30. 2010 in thousands) Opening retained earnings, July 1 172 Add: Net income Less: Dividends paid 154 Closing retained earnings, June 30 (72) (70) 256 Required: 256 (a) Assuming that all sales and purchases are on credit, and that the interest expense relates to the lot term debt, calculate the following financial ratios for 2009 and 2010 (using year-end figures balance sheet items): (i) Return on capital employed (ii) Operating profit margin (iii) Gross profit margin (iv) Current ratio Tomar Tom NETWE000 Tom T She SNACK ONSSE-CROUTE 417500 , 35000 35100 Chapter 4 Analyzing and Interpreting Financial Statements 163 (v) Acid test ratio (vi) Collection period for receivables (vii) Payment period for payables (viii) Inventory turnover period. (b) Comment on the performance of Threads Limited from the viewpoint of a business considering supplying a substantial amount of goods to Threads Limited on usual credit terms. Genesis Ltd. was incorporated in 2007 and has grown rapidly over the past three years. The rapid rate of growth has created problems for the business that management has found difficult to deal with