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The following financial ratios have been calculated from the financial statements of Spakfillers Ltd. 2012 2013 2014 13% 3596 | 4096 12% 0.9 24% 4290

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The following financial ratios have been calculated from the financial statements of Spakfillers Ltd. 2012 2013 2014 13% 3596 | 4096 12% 0.9 24% 4290 9% 1.5 1990 Return on Equi Gross Profit margin Net Profit margin Asset Turnover (times Return on Assets Days Inventor Days Debtors Current Ratio 10% 1.25 1196 | 12.5% | 13.5% 90 days 85 days 80 days 40 days 45 days 50 days 1.1 0.7 uick Ratio Debt (to assets) Ratio Debt to equity Ratio Interest coverage ratio (Times Interest Earned) 2.8 times 1.20 0.9 3096 | 4090 43% 0.95 0.5 45% 82% 4.0 67% 3.5 Required By identifying and using the appropriate ratio calculations above, comment on the company's profitability, efficiency, liquidity and financial stability (short and long term) for the three year period 2012-2014

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