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2.2 The 2021 ratios for Sheesha limited has been provided here below. The 2022 ratios have been calculated here above. In light of comparing the
2.2 The 2021 ratios for Sheesha limited has been provided here below. The 2022 ratios have been calculated here above. In light of comparing the 2021 and 2022 ratios of Sheesha Limited, comment on the following ratios that have been calculated for Sheesha Limited. Provide two significant comments for each one. INFORMATION Excerpts of financial data of Sheesha Limited for 2022 are as follows: Statement of Comprehensive Income for the year ended 31 December 2022 Statamant of Finanrial Pncition ac at 21 narember 2022 Additional information 1. Inventories on 31 December 2021 amounted to R377 000. 2. All purchases and sales of inventory are on credit. 3. 500000 ordinary shares have been issued by the company. 4. The credit terms offered by suppliers are 60 days
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