You are required to find the appropriate financial information in Hero Moto Corp. Limited financial statements and calculate the following ratios for the financial years 2018-19 and 2019-20:

1.Return on capital employed

2.Return on sales

3.Asset utilization ratio

4.Gross profit margin

5.Current ratio and quick ratio

6.Gearing

7.Interest cover

8.Stock days

9.Current trade receivables days*

10.Current trade payables days*

11.Return on equity.

Show all steps needed to calculate your results, includingratio definitionandinput values.

For Balance sheet and PL sheet please go to page 208 and 209 in the pdf link below

https://drive.google.com/file/d/1jBT241WOXyIyUdL2Er9SgV00jrCaHf-0/view?usp=sharing

Please use the below excel sheet for calculations and also explain them here.

https://docs.google.com/spreadsheets/d/1AD1HcD1v1wAFPX1onr0RHIHk_NwNiiM5s17gT7PgIhE/edit?usp=sharing