please answer all Required :

a+b+c+d+e

b. Moming star plc. is a manufacturer of computer accessories. The following are selected items appearing in the income statement and balance sheet for the year ended December 319, 2017 Income Statement $ Net Sales 120,000 Less: Cost of Goods Sold 100.000 Gross Profit 20,000 Selling and general expenses 6,000 Net Operating profit 14,000 Interest expenses 4.000 Net Profit before ta 10,000 Income tax 35% 4,000 Net profit for the year 6,000 Balance Sheet Cash and short term investments Receivables Inventories Property, plant & Equipment Total Assets Total current liabilities Total Non-current liabilities Shareholder's Equity Retained Earnings Total Liabilities and Equity S 5,000 15,000 6,000 48,000 74,000 6,000 15,000 43,000 10,000 74,000 Unit 5 Required: Using the information above, compute the Company's ratio below and comment on each: a. Acid-test ratio b. Current ratio c. Asset Turnover d. Interest Cover e. Gearing ratio (15 Marks)