Selected information for two companies competing in the catering industry is presented in the table below:

Account Name

Lawson

Dawson

Current assets

$110500

$167900

Non-current assets

$250000

$299000

Current Liabilities

$58600

$23500

Non-current Liabilities

$89700

$145000

Equity

$212200

$298400

Profit

$75000

$53000

Required:

A. Calculate the following ratios for Lawson and Dawson:

i. Current ratio. (2 marks)

ii. Return on Assets (ROA). (2 marks)

iii. Return on Equity (ROE). (2 marks)