The selected financial statements data of NGX Ltd. for the years ended 31 December 20x4 and 20x5 are as follows

The selected financial statements data of NGX Ltd. for the years ended 31 December 20x4 and 20x5 are as follows Year 20x5 ($m) 2,100 700 500 NGX Ltd. Trial Balances as of 31 December Year 20x4 ($m) Cash 1,000 Trade Debtors 500 Closing stock 200 Equipment (net) 2,000 Trade Creditors Long term debt 1,000 Capital 1,000 Sales 4,900 Cost of goods sold (COGS) 2,800 Depreciation 250 Salary expenses 1,250 100 600 3,000 4,000 800 1,000 5,200 3,000 500 1,400 50 Tax REQUIRED: a) Calculate (to 2 decimal places) the following ratios for the company in year 20x4 and 20x5. i. Net profit ratio vi. Creditors ratio ii. Gross profit ratio vii. Stock turnover ratio iii. Current ratio viii. Gearing ratio iv. Quick ratio Debtors ratio V. b) Comment on the profitability, efficiency, and short term liquidity of NGX Ltd