The financial statements of a company contain the following information for the ending 31-12-2012. year $ Cash Sundry debtors Short term investment Stock Prepaid expenses 1,60,000 4,00,000 3,20,000 21,60,000 10,000 Total current assets 30,50,000 Current liabilities 10% Debentures Equity share capital Retained earnings 10,00,000 16,00,000 20,00,000 8,00,000 Statement of Profit for the year ending 31-12-2012 $ Sales (20% cash sales) Less: Cost of goods sold 40,00,000 28,00,000 Profit before interest & tax Less: Interest 12,00,000 1,60,000 Profit before tax Less: Tax @ 30% 10,40,000 3,12,000 7,28,000 Calculate: (i) Quick ratio, (ii) Debt equity ratio (iii) Return on capital employed, and (iv) Average collection period (assuming 360 days in a year)