You have been provided with the following Financial Statement account balances for DDP Pty Ltd:

DDP Pty Ltd

Account Balances

As at 30 June

	2024	2023
Assets	$	$
Cash	$30,000	$19,200
Accounts Receivable	$49,200	$44,100
Inventory	$84,000	$82,800
Property, Plant and Equipment	$312,000	$312,000
Total Assets	$475,200	$458,100
Liabilities
Accounts Payable	$57,000	$67,200
Mortgage Payable	$120,000	$120,000
Total Liabilities	$177,000	$187,200
Equity
Share Capital Ordinary	$120,000	$120,000
Retained Earnings	$178,200	$150,900
Total Equity	$298,200	$270,900
Income
Net sales revenue	$660,000
Total Income	$660,000
Expenses
Cost of Sales	$421,200
Selling and Distribution	$85,200
Administrative	$59,640
Interest	$18,720
Income Tax	$22,896
Total expenses	$607,656

Required: Calculate the following ratios for DDP Pty Ltd for 2024. Please show ALL your workings.

Ratio		Express as	Answer:
1) Return on Assets	Profit before tax + Interest Average Total Assets	x%
2) Return on Equity	Profit after tax Average Owners Equity	x%
3) Quick Ratio	Current Assets Inventory Current Liabilities	x:1
4) Debt Ratio	Total Liabilities Total Assets	x%