PROFITABILITY RATIOS: ROCE =(2019)=18.3% (2018) = 16.2% -OPERATING PROFIT(2019) =18% (2018) = 21%..GROSS PROFIT(2019)= 29% (2018) =37.4% (ROE) 2019=13.8% (2018) 12.2%- LIQUIDITY RATIOS: CURRENT RATIO =2019=1.5:1 (2018)=1:6:1 ,,QUICK RATIO(2019)=0.78:1 (2018)=0.83:1 -EFFICIENCY RATIO: INVENTORIES TURNOVER PERIOD(2019)=65DAYS (2018)=104 DAYS. RECEIVABLE DAYS SETTLEMENT PERIOD FOR TRADE RECEIVABLE(2019)=42DAYS (2018)=59DAYS ,,PAYABLE DAYS(2019)=54DAYS (2018)=82DAYS GEARING RATIO=2019=20.85(2018) =21.14

Working capital cycle 2019

Inventory/cost of sales (stockholders period) 65days

Add: trade receivable/daily sales (collection period) 41

Loss: trade payable/daily purchases (payment period) (54)

=52

Working capital cycle 2018

Inventory/cost of sales (stockholding period) 104 days

Add: trade receivable/ daily sales (collection period) 49

Less: trade payable/ daily purchases (payment period) (82)

=81

Q1: Evaluate on the performance and state the concerns of each of the stakeholder groups using the ratios calculated above