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2 . 1 . Calculate the equivalent ratios for Empireshire for the year ended 3 1 December 2 0 2 2 , after excluding the

2.1. Calculate the equivalent ratios for Empireshire for the year ended 31 December 2022, after excluding the contribution
made by the division that has been sold. (4)
2.2. Calculate the equivalent ratio for Empireshire for the year ended 31 December 2023, excluding the profit on the sale
the division. (4)
2.3. Based on the outcomes of the ratio analyses undertaken in questions 2.1 and 2.2, as well as the 2022 ratios provided
in the question, comment on the comparative financial performance and position of Empireshire. (10)

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