Read the case given below and answer the questions given at the end.
CASE STUDY – 1
From the following information calculate:
a) Gross profit ratio
b) Inventory turnover ratio
c) Current ratio
d) Liquid ratio
e) Net profit ratio
f) Working capital turnover ratio
Sales Rs. 25,00,000; Cost of sales Rs. 19,20,000; Net profit Rs. 3,60,000; Average inventory Rs. 8,00,000; Other current assets Rs. 7,60,000; Fixed assets Rs. 14,40,000; Long term Debts Rs. 9,00,000; Current liabilities Rs. 6,00,000; Trade Creditors Rs. 2,00,000; Net profit before interest and tax Rs. 8,00,000.