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4.1 Calculate the following ratios for 2022 (expressed to two decinal places). Note: Use the formulas provided in the formula sheet only (that appeer after
4.1 Calculate the following ratios for 2022 (expressed to two decinal places). Note: Use the formulas provided in the formula sheet only (that appeer after QUESTION 5). 4.1.1 Gross prote margin 4.1.2 Net profit mergin 4.1 .3 Inventory turnover 4.1 .4 Curreat ratio 4.1.5 Acid test ratio 4.1.6 Debt-equity ratio 4.1.7 Dividend yiekd 4.2 Comenent on the followina ratios: 4.2.1 4.2.2 4.2 .3 INFORMATION Exracts of the finencial statements of Spire Limited for 2022 are given below. Additional information I Imventocies amounted to R301 000 on 31 December 2021. 1 Dividends paid during 2022 amounted to R187 500 . i The authorised share captal consiated of 1000000 ordinary shares of which 750000 were issued. 1 The market price of the share was R3 on 31 December 2022. i Credit terms to debtors are 30 days
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