$3\mathrm{.}1$ The following are financial statements for a small company manufacturing bicycle seat frames:

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3.1 The following are financial statements for a small company manufacturing bicycle 8 of 9 seat frames: Sales Cost Of sales Comprehensive income statement Gross profit Operating expenses: Research and development Selling, general & admin Total operating expenses Profit before interest & tax Finance cost (interest) R 30 OOO OOO R 17 000 OOO R 1 500 000 R 5 600 000 R 2 OOO 000 28% Tax Current assets Cash & equivalents Accounts receivable Inventory Profit before tax Profit for the year Balance sheet Total current assets Non-current assets Plant & equipment Accumulated depreciation Total non-current assets Cu rrent liabilities Accounts payable Short-term loan Other Total current liabilities Non-current liabilities: Long term loan Equities Common stock Retained eamings Total equities Determine the following: R 175 500 RI 100 000 7 IAC2601/103/0/2024 R540 OOO 7 R 10 200 000 R 200 000 R 815 000 R 183 000 R 90 OOO R 3 200 000 R 4 OOO R 3 450 000 3.1.1 3.1.2 3.1.3 3.1.4 3.1.5 3.1.6 3.1.7 3.1.8 3.1.9 Current ratio. Quick ratio. Inventory turnover. Fixed asset turnover. Asset turnover. Debt Ratio. Times interest earned. Gross profit margin. Net operating profit margin. 3.1.10 Return on assets, based on earnings before interest and tax. 3.1.11 Return on assets, based on net operating profit after tax. 8