Statement of Financial Position

Besides the details mentioned above, the opening stock was $$325,000.$ Taking $360$

days of the year, calculate the following ratios; also discuss the position of the company:

$(1)$ Gross profit ratio. $(2)$ Stock turnover ratio. $(3)$ Operating ratio. $(4)$ Current

ratio. $(5)$ Liquid ratio. $(6)$ Debtors ratio. $(7)$ Creditors ratio. $(8)$ Proprietary ratio. $(9)$

Rate of return on net capital employed. $(10)$ Rate of return on equity shares.

$(30$ marks$)$