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42 5.2 Comment briefly but meaningfully on the following ratios (comparative figures are provided in brackets): 5.2.1 Gross margin (2021:51.21%; 2020: 60.45%) 5.2.2 Current ratio

42 5.2 Comment briefly but meaningfully on the following ratios (comparative figures are provided in brackets): 5.2.1 Gross margin (2021:51.21%; 2020: 60.45%) 5.2.2 Current ratio (2021: 1.20:1; 2020: 1.07:1) 5.2.3 Return on assets (2021 : 25.56%; 2020: 30.42%) (2 marks) (2 marks) (2 marks)

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