​​​ 500 WORDS Compute the following ratios for 2014 and 2013. (a) Current ratio. (b)Inventory turnover. (Inventory on 12/31/12 was £326.) (c) Profit margin ratio. (d) Return on assets. (Assets on 12/31/12 were 2,100.) (e) Return on common stockholders' equity. (Stockholders' equity on 12/31/12 was £960.) (f) Debt to total assets ratio. (g) Times interest earned. Critically evaluate your ratio calculations and conclude on the current state of the company. PART 2 - 1500 WORDS Evaluate the financial performance of a company of your choosing using the knowledge and technical skills that you have gained during the course so far. Provide a theoretical explanation of any ratio analysis. No need to recalculate ratios, often the financial reports provides these. Attach the company financial statements as an appendix to your statement as reference to your work. Present your findings in a Management Business Report wordage should be 1500 +/-10%.Acquire a comprehensive understanding of the principles used to prepare and present financial statements. 2. Relevant application of knowledge to read and understand financial statements and to observe the effects of routine business transactions on them. 3. Develop quantitative skills necessary to read, interpret and perform the calculations for the accounting reports involved in cost control and profit planning. 4. Evaluate and identify financial strengths and weaknesses of a business through appropriate conceptual analysis. 5. Analyse information and knowledge effectively in order to develop meaning to solve complex problems and make decisions ;