Study the $2017$ financial statements of two firms, Trident Inc. and Fraport

$($who are fierce competitors$),$ and then calculate the following ratios so that you can make

inter$-$firm comparisons. To get a higher grade, make sure that for each ratio you show its

respective formula and workings$/$calculations $[$arrange the ratios in a table$].$

a$.$ Return on Capital Employed $($ROCE$)$

b$.$ Net Profit Margin $($Profit in Relation to Turnover$)$

c$.$ Asset Tumover Ratio

d$.$ Receivable $($Debtor$)$ Days Ratio

e$.$ Inventory $($Stock$)$ Turnover Ratio

f$.$ Gross Profit Margin

g$.$ Drawing upon all your knowledge of accounting and based on your calculations

above:

i$.$ Which firm was the most efficient? Give possible reasons.

ii$.$ Which firm was the most profitable? Give possible reasons.