the question is spread across the two pages

2. The following data was obtained from the books of The Great Gatsby Statement of Financial Position as at December 31, 2015 2016 Non-Current Assets Tangible assets 522,100 692.000 Goodwill 50.000 587,100 742,000 S NBV $ NBV 2017 s NBV 732,000 30.000 762.000 65.000 Current Assets Stock Short term investment Debtors Bank Cash 35.000 10,000 7,200 12,000 35.000 13.000 34,000 12.000 126,000 868.000 15,000 40,000 15,000 62,500 9.300 141,800 903.800 7.000 59,200 646,300 Capital & Reserves Ordinary shares @ SI Preference shares @ $0.50 General reserves Retained earnings 200,000 250,000 250,000 20,000 35.000 35,000 37.000 47,000 52,000 121.000 378,000 237,000 589,000 402.000 739,000 212,300 217,000 100,000 Non-Current Liabilities 10% Debenture Current Liabilities Creditors Tax payable Dividends payable 22,000 14,000 20.000 56,000 646,300 18,000 19.000 25,000 15,300 22.000 62.000 27.500 64,800 868.000 903.800 Statement of Profit or Loss for the year ended December 31, 2015 2016 2017 $ $ $ Sales (80% credit) 580,000 870,000 930,000 Gross profit 360.000 350.000 375,500 Profit before tax 244,000 248,000 250,000 Tax (61.000) (62.000) (65,000) Profit after tax 183,000 186,000 185,000 Dividends: Ordinary 15,000 30,000 35,000 Preference 10.000 (25,000) 10,000 (40,000) 10.000 (45,000) Transfer to reserves (37.000) (10.000) (5,000) Profit for the year 121,000 136,000 145,000 Retained earnings b/d 0 121,000 257,000 Retained earnings c/d 121,000 257,000 402,000 Market price per share $2.30 $2.95 $3.60 Required: a. Calculate appropriate ratios for the firm in the areas of liquidity, solvency, profitability, asset management and investment. b. Comment on the performance of the firm over the years