9.2. ASSIGNMENT QUESTIONS: SEMESTERTNO (JULY - DECEMBER 2022) 9.2.1 FINANCIAL MANAGEMENT 1 - ASSIGNMENT 2 QUESTION ONE Complete the 2020 Statement of Financial Position for Wavecrest Builders using the inf follows. Write your aniswer next to the letter given in the table. Tipi take one year as 360 makes no difference to the answer and the calculation is easier. The following financial data for 2020 are also avallable: 1. Sales totalled R1 800000 2. The gross profit margin was 25% 3. Inveriary tumover was 6.0 4. There are 360 days in the year 5. The average collection period was 40 days 6. The current ratio was 1.60 7. The total asser turnover ratio was 1.20 8. The debt ratio was 60%. 9.2. ASSIGNMENT QUESTIONS: SEMESTERTNO (JULY - DECEMBER 2022) 9.2.1 FINANCIAL MANAGEMENT 1 - ASSIGNMENT 2 QUESTION ONE Complete the 2020 Statement of Financial Position for Wavecrest Builders using the inf follows. Write your aniswer next to the letter given in the table. Tipi take one year as 360 makes no difference to the answer and the calculation is easier. The following financial data for 2020 are also avallable: 1. Sales totalled R1 800000 2. The gross profit margin was 25% 3. Inveriary tumover was 6.0 4. There are 360 days in the year 5. The average collection period was 40 days 6. The current ratio was 1.60 7. The total asser turnover ratio was 1.20 8. The debt ratio was 60%