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3.1 Calculate the following ratios for 2019 . Where applicable, round off answers to two decimal places. 3.1.13.1.23.1.33.1.43.1.53.1.6NetprofitmarginAcidtestratioDebt-equityratioInventoryturnoverAveragecollectionperiod(Use360days)Returnonequity(2marks)(2marks)(2marks)(2marks)(2marks)(2marks) 3.2 Refer to your answers in question

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3.1 Calculate the following ratios for 2019 . Where applicable, round off answers to two decimal places. 3.1.13.1.23.1.33.1.43.1.53.1.6NetprofitmarginAcidtestratioDebt-equityratioInventoryturnoverAveragecollectionperiod(Use360days)Returnonequity(2marks)(2marks)(2marks)(2marks)(2marks)(2marks) 3.2 Refer to your answers in question 3.1 above and answer the following questions: 3.2.1 Comment on the ability of the company to pay its creditors when business conditions are 3nfavourable.3.2.23.2.33.2.4(2marks)Arethecollectionsfromdebtorssatisfactory?Explain.Asashareholderwouldyoubesatisfiedwiththereturnonyourinvestment?Motivateyouranswer.SuggestTWO(2)waysinwhichthecompanycanimproveitsnetprofitmargin.(2marks)(2marks)(2marks)

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