1.2 REQUIRED Answer the following questions from the information provided below: 1.2.1 Do you think that the credit department of Siyakha Traders is effective in debt collection? Motivate your answer with use of a relevant ratio. (4 marks) 1.2.2 Siyakha Traders experienced a bad debt ratio of about 6% on average over the past few years. Calculate and comment on the bad debt ratio for 2018. (4 marks) INFORMATION The annual sales of Siyakha Traders for 2018 were R1 000 000, of which 60% was on credit. An amount of R72 000 was owed by debtors on 31 December 2018 and debtors accounts written off during 2018 totalled R24 000. Credit terms to debtors are 30 days