The Following is the summarized balance sheet of Al Iman Company for the year 2011-2012.

All figures are in AED.

Balance Sheet	Millions AED
	2012	2011
Current assets
Bank balances and Cash	2000	3000
Account receivables	7500	9000
Inventories	32500	28500
Total current assets	42000	40500
Total fixed assets	38000	30500
Total Assets	70000	71000
Current liabilities
Accounts payables	14440	12768
Salaries Payable	10336	11704
Total current liabilities	24776	24472
Long term liabilities	6232	5472
Total liabilities	31008	29944
Equity
Common shares	22800	22800
Retained earning	13000	15672
Total equity	34200	32528
Total liabilities and equity	70000	71000

Note:

1. The cost of good sold in 2012 was AED 22800

2. The net profit in 2011 and 2012 was AED 1530, 1835 respectively

3. The interest amount and operating profit in 2012 was AED 4100, 18450 respectively

Required:

Calculate the quick ratio for the years 2011 and 2012 ?

Quick ratio = Current assets - inventory / Current liabilities

2) Calculate the return on assets (ROA) for the year 2011.

ROA = Net Income / Total Assets

3)Calculate Debt-Equity ratio for the year 2012?.

Debt Equity ratio (2012) = (Debt Equity)

4)Calculate the interest coverage ratio in 2012.

Interest coverage ratio = operating profit / interest expenses

5) Calculate the return on assets (ROE) for the year 2011. ?

ROE = Net Income / Total Equity