a) A sole trader fixes his prices to achieve a gross profit percentage on sales revenue of 40%. All his sales are for cash. He suspects that one of his sales assistants is stealing cash from sales revenue. His trading account for the month of June 20X3 is as follows: $ Recorded sales revenue 181,600 Cost of sales 114,000 Gross profit 67,600 Assuming that the cost of sales figure is correct, how much cash could the sales assistant have taken? (3 marks) b) The profit earned by a business in 20X7 was $72,500. The proprietor injected new capital of $8,000 during the year and withdrew goods for his private use which had cost $2,200. If net assets at the beginning of 20X7 were $101,700, what were the closing net assets? (3 marks) c) Explain the uses of cash flow statements. (4 Marks) d) Outline and explain the three types of capital reserves. (6 Marks) e) Explain using examples the various categories of financial ratios. (4 Marks)