Note: Assume a 365-day year. Required: Calculate the following ratios for the years ended 31 March 2019 and 31 March 2020: (i) Return on capital employed. (2 marks) (ii) Cash ratio (2 marks) (iii) Net profit margin. (2 marks) (iv) Current ratio. (2 marks) (v) Closing inventory holding period. (2 marks) (vi) Trade receivables collection period. (2 marks) (vii) Trade payables payment period. (2 marks) (viii) Gearing (debt/equity). (2 marks) (Total: 20 marks)

T The following is a summarised financial statement for Rinda Ltd. for the years ended 31 March 2019 and 3 Income statement for the year ended 31 March: 2020 2019 Sh."-000" Sh."000" Revenue 1,000,000 720,000 Cost of sales (800,000) 600.000 Gross profit 200,000 120,000 Operating expenses (104,000) (88,000) Finance costs (32,000) Profit before tax 64,000 32,000 Income tax expense (at 25%) (16,000) (8,000) Profit for the year 48.000 24.000 Statement of financial positions as at 31 March: Non-current assets: Property, plant and equipment Goodwill 2020 Sh.