The information given below was obtained from the books of XYZ Limited:

Income Statement for the year ended 31 December 2020
	$
Sales	4,290,000
Cost of sales
Opening Inventory	694,000
Purchases	3,780,000
Closing Inventory	(894,000)
Gross Profit	710,000
Operating expenses	(489,320)
Operating profit	220,680
Interest expense	(40,000)
Profit before tax	180,680
Tax	(72,272)
Profit for the year	108,408
Statement of Financial Position as at 31 December 2020
	$
ASSETS
Non-current assets
Property, plant and equipment	431000
Current assets
Inventory	894000
Debtors/Accounts Receivable	439000
Bank	72000
	1836000
EQUITY AND LIABILITIES
Equity
Ordinary Share Capital (23000 shares)	575000
Retained Income	254710
	829710
Non-current liabilities
Loan	404290
Current liabilities
Creditors/Accounts payable	602000
	1836000

ADDITIONAL INFORMATION

• All purchases and sales of inventories are on credit.
• Dividends paid during the year amounted to $81 326.
• The market price per share was $41 on 31 December 2020.

REQUIRED

1. Use the information provided above to calculate the following ratios for 2020. (where applicable round off answers to two decimal places.)

1. Creditors payment period
2. Debtors (Receivables) Collection Period
3. Quick Ratio and Current Ratio
4. Inventory (Stock) Turnover
5. Profit margin(Net profit margin)
6. Return on Assets
7. Return on equity
8. Price/earnings ratio
9. Earnings per share
10. Capital Gearing Ratio