The following are the financial statements of Perfect Ltd for last year and this year:

Income Statement for the year ended 31 December Last Year (000) This Year (000) Turnover 15,000 25,600 Cost of sales (7,496) (11,618) Gross profit 7,504 13,982 Operating expenses (4,410) (6,174) Operating profit 3,094 7,808 Interest payable (432) (912) Profit before taxation 2,662 6,896 Taxation (420) (780) Profit for the year 2,242 6,116 Balance sheet as at 31 December Last Year (000) This Year (000) Non-current assets 6,500 14,200 Current assets Inventories 2,418 4,820 Trade receivables 1,614 2,744 Other receivables 268 402 Cash 56 8 4,356 7,974 Total assets 10,856 22,174 Equity Ordinary shares of Rs. 0.50 each 3,600 3,600 Capital reserves 1,904 1,904 Retained profit 1,370 3,496 6,874 9,000 Non- current liabilities Loan notes 1,500 5,330 Current liabilities Trade payables 1,214 2,612 Other payables 848 1,202 Taxation 420 780 Bank overdraft -- 3,250 2,482 7,844 Total equity and liabilities 10,856 22,174 Note that Perfect Ltd hopes to retain the bank overdraft on a semi-permanent basis. Required: Calculate the following financial ratios for Perfect Ltd for last year and this year. (Use year-end figures where balance sheet items are involved.) Return on capital employed Return on ordinary shareholders funds Gross profit margin Operating profit margin Inventories turnover period Settlement period for trade receivables (days) Current ratio Acid test ratio Gearing ratio Use these ratios to comment on the performance and financial position of Perfect Ltd from the point of view of A 10% owner of the equity; and The businesss bank Mark