22 REQUIRED Use the information provided bestow to calate the lowing 221 Besteven uary (3 marks) 2232 The number ons maquimed to achieve a neprofit of RS 000 (4 marts) INFORMATION Com Madures and sets che product from Project and the following budgeted details are INFORMATION The following intermon stred from a pod of conte MICRONUMITED INCOME STATEMENT FOR THE YEAR ENDED 3 DECEMBER 2013 Sales Cost of Sales S R750 000 Variante Tiad costs RASO 000 R170 000 Gross proft Operating expenses Operating profit Interest expense Profit before tax Income tax 570 000 130 000 90 000 000 (10 000 30 000 9000 30 000 units of the product are expected to be manucured and so Pront after tu 201610 QUESTIONS [20 Marks REQUIRED use the information provided below to calculate the following rates. Where applicable round oft answers to two damals 3.1.1 Gross pro margin (2 mans 3.12 Operating pro margin (2 marks) 3.13 Inventory tumor perse (2 mans) 3.14 Trade Centes pero (2 mans 3.15 Trade places pero (2 mons 3.16 Cumento (2 min) 3.17 Aos Testo (2 mans 518 Reuman capitale poyed (2 mars STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER Assets Non-current assess inventones Accounts receivable Cash TIO DO 30 000 170 000 10 000 480 000 400 000 20 000 Totalasses Equity and limiti Sareguty Non-current abies Accounts payable Total equity and lates (2) 130 000 3.3 Comment on the edgeston, Micron Led Espere a cop in te gross proftragin 2019 Provide o posscle reasons of the grop in the ato 2 m Note 1 Al purchases of brands on creot 2 Creapucases of very for 2016 1 The current ratio of 2018 w 2001 Tools PGDPM PROJFINM... X july2020a.pdf B 3 / 6 50% FORMATION The intermittent MICRONUMITED INCOME STATEMENT FOR THE YEAR EDER DECESER 2015 REQUIRED Use the commation provided bow to the 221 Braeventy (man 122 The mber of units to achieve a repro 2000 (4 marks INFORMATION Conti Manuses manure and some produto Project and the following used as a ava: Sales R750 000 Variate costs R450 000 R170 000 . Sales Cost of Gross profil Operating expenses 00 100 Operating prote 30 000 units of the product are expected to be cured and sold interest expense Prof betre tax income tax 0001 Promera 21000 2011 QUESTIONS 120 Marts REQUIRED 31 Use the nation provided below to calculate the following ratios. Where appicable, found off answers to decimi place 3.1.1 Gross profit margin (2 marks) 3.12 Operating prog w (2 marks] 3.13 inventory tumover penod (2 marks) 3.14 Trade reped (2 marks 3.15 Trase pas period (2 marks 3:16Cum 12 mars 3.1.7 Add test ratio 12 S18 Return on page (2 marts ) STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER Aasebe Non-current assets Inventones Accounts receivable Cash 150 000 90 300 Total assets 400 300 000 50 000 Equity and liabilito Sharenolders equy Non-current listes Accounts payable Total quay and tables 3.2 (2 mars 10 200 3.3 Comment on the current to in question 3.1. Micron Limited expened a drop the gross prott margin 2019. Provide two po reasons for the interno 100 000 2 Note 1 All purchases of Credit for 2011 ameti 2 The current ratio of 2381 e WI