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Please show clear steps and comment, thanks. BUSIO250 Week 13. Additional Tutorial Ouestion The selected financial statements' data of NGX Lid. for the years ended

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BUSIO250 Week 13. Additional Tutorial Ouestion The selected financial statements' data of NGX Lid. for the years ended 31 December 20x4 2025 are as follows Year 20x51 (Sm) 2.100 500 700 NGX Lid. Trial Balances as of 31 December Year 2014 (Sm Cash 1.000 Trade Debtors Closing stock 200 Equipment (net) 2,000 Trade Creditors 600 Long term debt 1.000 Capital 1.000 Sules 4.900 Cost of goods sold (COGS) 2.800 Depreciation 250 Salary expenses Tax 100 500 3.000 4.000 800 1.000 5.2001 3.0001 1.250 sool 1.400 50 REQUIRED. a) Calculate (to 2 decimal places) the following ratios for the company in year 20x4 and 20x3. Net profit ratio vi. Creditors ratio ii. Gross profit ratio vil. Stock turnover ratio Current ratio VII. Gearing ratio Quick ratio Debtors ratio b) Comment on the profitability, efficiency, and short term liquidity of NGX Lad

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