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2022 Semester 2 MNB1601-22-S2/ Welcome to MNB1601 / Assessment 4 Dec 31, 2020 Dec 31, 2019 Current assets Current liabilities R 48 116 000 R

2022 Semester 2 MNB1601-22-S2/ Welcome to MNB1601 / Assessment 4 Dec 31, 2020 Dec 31, 2019 Current assets Current liabilities R 48 116 000 R 48 935 000 Dec 31, 2018 R 49 004 000 R 40 562 000 R 36 002 000 Inventory Owners' equity Total liabilities Total assets R 2 450 000 R56 455 000 R 90 405 000 R 113 452 000 R 2 494 000 R55 932 000 R 86 385 000 R 109 022 000 R 42 435 000 R 2 701 000 R53 657 000 Net income R 14 833 000 R 13 425 000 Net profit R 46 014 000 R 43 785 000 R 96 058 000 R 109 524 000 R 12 334 000 R 45 661 000 Sales R 99 870 000 R 95 758 000 R 103 630 000 What is the gearing ratio for the year 2018? Select one: a. 0,56:1 O b. 1:1

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