Oasis plc Income statements and statements of financial position of Oasis plc are given below. Income statements (Statement of Profit and Loss): 2020 2021 AED m AED m Sales 16.5 19.8 Cost of Sales 9.9 12.0 Operating Profit 6.6 7.8 Interest Charges 1.0 1.0 Profit before Tax 5.6 6.8 Taxation 1.0 1.5 Profit after Tax 4.6 5.3 Dividends Paid 0.4 0.9 Statements of financial position: 2020 2021 AED m AED m Non-Current Assets 73.1 76.0 Current Assets Inventory 2.0 1.1 Receivables 1.4 2.4 Cash 0.5 0.0 3.9 3.5 Current Liabilities Trade Payables 1.0 1.2 Net Current Assets 2.9 2.2 Capital Employed 76 78.2 Non-Current Liabilities Loan 10.0 10.0 Capital Shares 50.0 50.0 Reserves 16 18.2 76 78.2 ROCE Net profit margin Current ratio Quick ratio Inventory turnover Capital gearing Interest cover Dividend cover

a) Calculate the 8 financial ratios for Oasis Plc

b) Comment on the performance of Oasis Plc based on the ratios calculated in part a.

c) What problems might Oasis have if they operate the business with very little cash?

d) Despite its drawbacks why do so many analysts rely on ratio analysis?