The following information was taken from the financial statements of Bantu African Cuisine Limited.

	000
Inventories	320
Trade Receivables	250
Cash and Cash Equivalents	60
Trade Payables	280
Non-Current Liabilities	400
Total Equity	1,420
Additional Information
Revenue For The Year	3,080
Cost of Sales For The Year	1,780

Table of Formulas

Ratio	Formulae
Current Ratio	Current Assets / Current Liabilities
Liquidity / Acid Test Ratio	(Current Assets Inventory) / Current Liabilities
Gearing Ratio	Longterm Liabilities Issued Share Capital + Reserves + Longterm Liabilities		x 100
	or
	Longterm Liabilities Issued Share Capital + Reserves		x 100
Interest Cover	Operating Profit Interest	or	PBIT Finance Costs

*** Equity = Share Capital + Reserves

Calculate the ratios stated below, using the information from the financial statements of Bantu African Cuisine Limited and the table of formulas.

1. Current ratio
2. Acid test ratio
3. Gearing ratio

You must show your workings and round off your answer to two decimal places.