Please do a, b, e, f, h

P18.2 (LO 2) The comparative statements of Larker Tool SA are presented below. Larker Tool SA Income Statement For the Years Ended December 31 2020 Net sales R$1.818,500 Cost of goods sold 1,011,500 Gross profit 807.000 Selling and administrative expense 516,000 Income from operations 291.000 Interest expense 15.000 Income before income taxes 276.000 Income tax expense 84.000 Net income R$ 192,000 2019 R$1.750,500 996.000 754,500 479,000 275.500 14.000 261.500 77.000 R$ 184,500 Larker Tool SA Statements of Financial Position December 31 2020 2019 R$600.300 R$520.300 Assets Plant assets (net) Current assets Inventory Accounts receivable (net) Short-term investments Cash R$110.950 105,750 69.000 60.100 R$115.500 102.800 50.000 64.200 345.800 332,500 R$852,800 Total assets R$946,100 2020 2019 Equity and Liabilities Equity Share capital-ordinary (R$5 par) Retained earnings Total equity Bonds payable Current liabilities Accounts payable Income taxes payable Total current liabilities Total liabilities Total equity and liabilities R$300,000 242,600 542,600 200,000 R$300,000 165,400 465,400 200,000 160,000 43,500 203,500 403,500 R$946,100 145,400 42,000 187,400 387,400 R$852,800 All sales were on account. Instructions Compute the following ratios for 2020. (Weighted average ordinary shares in 2020 were 60,000.) a. Earnings per share. f. Accounts receivable turnover. b. Return on ordinary shareholders' equity. g. Inventory turnover. c. Return on assets. h. Times interest earned. d. Current ratio. i. Asset turnover. XE e. Acid-test ratio. j. Debt to assets ratio