Super Sonic Ltd$$s Balance Sheets for $2012$ and $2013$ financial years are below:

Assets $20122013$

Non Current Assets $60000007200000$

Inventory $205000330000$

Receivables $320000415000$

Cash $120000420000$

$66450008365000$

Equity and Liabilities

Share Capital $($R$2$ shares$)40000004400000$

Share Premium $300000420000$

Retained Income $600000740000$

Long term Debt $11000002100000$

Payables $645000705000$

$66450008365000$

Abbreviated Income Statement for the year ended $2013$:

Sales $1200000$

Cost of sales $600000$

Depreciation $60000$

Interest expense $40000$

Net Income before Tax $500000$

Tax $(30\%)150000$

Dividends $210000$

Retained Income $140000$

NB a$.$ Shares are currently trading at R$2,60$ per share.b$.$ The new shares were issued at the beginning of the year.

Question

$1\mathrm{.}1.$ Calculate the current ratio for $2013$ and comment. The ratio for $2012$ was $1$:$1.$

$1\mathrm{.}2.$ Calculate the dividend yield for $2013$ and explain the meaning$/$significance of your answer.

$1\mathrm{.}3.$ Share Capital:

$1\mathrm{.}3\mathrm{.}1.$ Calculate the number of new shares issued.

$1\mathrm{.}3\mathrm{.}2.$ Calculate the premium per share.

$1\mathrm{.}4.$ Calculate the Price Earnings $($PE$)$ ratio for $2013.$ What does this ratio mean?

$1\mathrm{.}5.$ Calculate the market to book ratio and state the significance of this ratio.