Question 1 a) Calculate the following ratios for Rio Tinto plc for the year ended 31st December 2019 (20 Marks) 1. Return On Capital Employed 2. Inventory Turnover (stock days) 3. Debtor ratio (debtors days) 4. Creditor ratio (creditor days) 5. Current ratio 6. Quick ratio 7. Debt/equity ratio 8. Interest cover 9. Return on Equity 10. Price Earnings Ratio (P/E Ratio) Additional Information Share price at close of business on 31st December 2019 = 4,503 pence /$ exchange rate @ 31st December 2019 = $1.326

b) Using the 2019 ratios you calculated in question 1 (part a) and the 2020 ratios calculated in class write a brief report (500 words in total) which compares the performance of Rio Tinto plc across both years. Your marks for this question will not be affected by any errors you may make in the calculations in question 1. If you have been unable to calculate any ratios in question 1 you can assume an answer for 2019 and write your report accordingly.