4 (20 Marks) REQUIRED 4. Calculate the following ratios for 2022 (expressed to two decimal places). Note: Use the formulas provided in the formula sheat orly (that appear after QUESTION 5 ). 4.1.1 Gross profit margin (2 marks) 4.1.2 Net profit margin (2 marks) 4.1.3 Inventory turnover (2 marks) 4.1.4 Current ratio (2 marks) 4.1.5 Acid test ratio (2 marks) 4.1.6 Debt-equity ratio (2 marks) 4.1.7 Dividend yield (2 marks) 4.2 Comment on the following ratios: 4.2 .1 4.2 .2 4.2 .3 2022 2021 Debt to asset ratio 27.26% 40.34% Debtors collection period 36.87 days 25.62 days Return on equity 11.67% 14.25% (2 marks) (2 marks) (2 marks) INFORMATION Extracts of the financial statements of Spire Limited for 2022