QUESTION 2 [25 MARKS] The following is a statement of Financial Position of a Company X as at 31 December: P ASSETS Non-Current Assets Land and Buildings 120,000 Plant And Machinery 250,000 Total Non-Current Assets 370,000 Current Assets Stock 170,000 Debtors 90,000 Cash At Bank 30,000 290,000 Total Assets 660,000 EQUITY & LIABILITIES Equity Share Capital 260,000 Retained Earnings 20,000 280,000 Long Term Liabilities 20% Debentures 300,000 Current Liabilities Sundry Creditors 80,000 Total Equity & Liabilities 660,000 Additional Information: Sales are P400,000 Cost of Sales is P300,000 Net Profit is P20,000 Each share is P1 Calculate: a. Gross Profit Margin. (3marks) b. Net Profit Margin. (4marks) c. Net Working Capital ratio. (3 marks) d. Earnings Per Share. (3marks) e. debt to equity ratio. (3marks) f. Total debt ratio. (3 marks) g. Accounts receivable turnover ratio. (3 marks) h. Accounts payable turnover ratio (3marks)?