*Show formulae used and all calculations for the following ratios: (30pts) * Round off to TWO decimal places if necessary (1) Current ratio (2) Quick ratio (3) Average collection period (4) Inventory turnover (5) Debt ratio (6) Times interest earned (7) Total assets turnover (8) fixed assets turnover (9) Gross Profit margin (10) Operating profit margin (11) Net profit margin (12) Operating returns on assets (13)Return on equity (14) Price earoing ratio (15) Market to Book ratio Analyse the performance of the business against that of its peers. (15pts) Income Statement for year ended December 312015 Additional information: (i) Dividends paid $144,000 (ii) Market value per share \$3 (iii) Ordinary shates are at $2 par value