a) Calculate Ratio's for both years 2010 and 2011
(i) The current ratio
(ii) The Quick / Acid test ratio
(iii) Stock turnover in number of times
(iv) Debtors turnover in days
(v) Creditors turnover in days
(vi) The net profit % (before taxation)
(vii) Interest cover
(viii) Dividend cover
(ix) ROCE
(x) Gross profit %
(xi) Gearing
b) Use the information from the above calculations to assess the performance and position of the company. State the limitations regarding ratio analysis as a means of analysing company accounts.