Question 3 (20 Marks) The following are summarized accounts for ALICEZONA, a company with an accounting year ending 31" December Statement of Financial Position as at 31" December 2017 2016 GHC GHC Non-Current Assets Current Assets 12,700 4,995 Stocks 50,455 40,145 Debtors 43,370 40,120 Cash/Bank 5.790 12092 99.615 92,447 Current Liabilities Trade Creditors 37,230 32,604 Taxation LE 3,260 2,473 Accruals 1.985 1.785 42,475 36.862 Net Current Assets 57140 55,585 Total Assets less Current liabilities 60,580 68,840 Non-Current Liabilities 10% Debentures 19,840 19,849 Net Assets 50.000 40.740 Financed By: 9,920 9.920 Capital (ordinary share of GHC 0.25) Income Surplus 40.080 30.820 40.740 50.000 2017 2016 PROFIT AND LOSS ACCOUNT FOR GHO GHC 583.900 486 300 20,670 Tumover Profit before interest and tax 17,238 Less: Interest Payable Profit before Tax Taxation 1.984 1984 18.686 15,254 2026 5.734 Profit after Tax 11660 9520 2017 2016 INCOME SURPLUS ACCOUNT GHC GHC 30,820 Balance at 14 January 23 540 11,660 Add: Profit for the year 9.520 42,480 33,060 Less: Dividend 2.400 2.240 Balance at 31" December 40.0BD 30.820 You are required to: a Calculate, for each year, one ratio for each of the following user groups, which are of particular significance to them: Shareholders (2 marks) Trade creditors (2 marks) Management (2 marks) b. Make brief comments upon the changes, between the two years, in the ratios calculated in (a) above. (6 marks)