Required:

Calculate the following ratios for $2022.$ Only use ratios found in your module guide. Where applicable, round off answers to

two decimal places.

$2\mathrm{.}1$ Operating profit on turnover

$(4$ marks$)$ Required:

Calculate the following ratios for $2022.$ Only use ratios found in your module guide. Where applicable, round off answers to

two decimal places.

$2\mathrm{.}1$ Operating profit on turnover

$(4$ marks$)$

$2\mathrm{.}2$ Current ratio

$(4$ marks$)$

$2\mathrm{.}3$ Acid test ratio

$(4$ marks$)$

$2\mathrm{.}4$ Interest cover

$(4$ marks$)$

$2\mathrm{.}5$ Return on assets

$(4$ marks$)$Extracts of the financial statements of Turkey Limited for $2022$ are given below.

INFORMATION

Turkey Limited

Extract of the Statement of Comprehensive Income for the year end $31$ December $2022$

Extract of the Statement of Financial Position as at $31$ December $2022$