Susan Ltd Trading and Profit & Loss Account for the year ended 31 December 2002 000 E000 3.917 2.399 1.518 960 558 210 349 Sales Less: Cost of Goods Sold Opening Stock 218 Purchases 2.469 2,687 Less: Closing Stock 288 Gross Profit Administration Expenses Net profit Proposed Dividend Retained profit for the year Susan Ltd Balance Sheet at 31 December 2002 000 000 Fixed Assets Current Assets Stock 288 Debtors 418 Bank 302 1,008 Amounts due in less than 12 months Creditors 310 Dividends 210 520 Net Current Assets 000 510 488 Called up Share Capital Ordinary Shares of 1 each, fully paid Profit & Loss 400 598 PAS REQUIRED Copy the following table into your answer book and complete the 3 blank columns. All answers must be to 2 decimal places. Ratio Formula in words Detailed Calculation Answer Net Profit to Sales (1) (2) Gross Profit to Sales (3) Rate of Stock Turnover Current Ratio (5) Liquidity Ratio (8) xx Sales to Capital Employed (7) xx ROCE - Return on Capital Employed xx Use closing capital employed (25 marks)