3.1 Calculate the current ratio for 2023 and comment. (The ratio for 2022 was 1.22:1) (4)

3.2 Calculate the debtors collection period for the current year. Note: Debtors terms: 60 days net. The ratio for 2022 was 66 days. (4)

3.3 Calculate the following ratios for 2023:

3.3.1 Earnings per share (4)

3.3.2 Dividends per share. Would shareholders be happy with this dividend? Explain. (4)

3.4 Calculate the Market to Book Ratio and explain the relevance of this ratio to decision makers. (4)

3.5 Calculate the Price Earnings ratio for 2023 and explain the significance of this ratio. (5)

Tuli Ltd's Statement of Financial Position for 2023 and 2022 financial years are presented below: Additional information: 1. Shares are currently trading at R3.20 per share. 2. Replacement cost of assets is R6 000000 . 2 Their abbreviated Statement of Comprehensive Income for the year ended 2023 is presented below