Question: Use the above information and calculate the following:

1.1) Current ratio

1.2) Acid test ratio

1.3) Debit ratio

1.4) Gearing ratio

1.5) Calculate the future value for Thabani who invests R2000 with a certain bank for 2 years at a rate of 15 % per annum. What is the future value of his investment?

Balance sheet for TPT Limited as at 28 February 2008 Source: Du Toit et al (2010) Introduction to Business Management ( 8th Edition)