Iv) Rate of stock turnover v) current ratio (working capital ratio) vi) Acid ratio (quick ratio)

$$\text{Average Stock} = \frac{\text{Opening Inventory} + \text{Closing Inventory}}{2}$$ $$\text{Average Stock} = \frac{\text{K}60,000 + \text{K}70,000}{2}$$ $$\text{Average Stock} = \frac{\text{K}130,000}{2} = \text{K}65,000$$

$$\text{Rate of Stock Turnover} = \frac{\text{Cost of Goods Sold}}{\text{Average Stock}}$$ $$\text{Rate of Stock Turnover} = \frac{\text{K}190,000}{\text{K}65,000}$$ $$\text{Rate of Stock Turnover} \approx \boxed{\text{2.92 times}}$$

• v) Current Ratio (working capital ratio)

To calculate the Current Ratio, information on Current Assets and Current Liabilities is required. This information was not provided in the problem statement. Therefore, this ratio cannot be calculated.

• vi) Acid Ratio (Quick Ratio)

To calculate the Acid Ratio, information on Current Assets and Current Liabilities is required. This information was not provided in the problem statement. Therefore, this ratio cannot be calculated.