a. Calculate three profitability ratios for the both companies for both years. b. Based on the calculated ratios above comment on the profitability of the two companies.

QUESTION 4 [20 MARKS] a. You are the management accountant of Expand, a company incorporated in South Africa. You have been asked to analyse the financial statements of Hone and Vane for the year ending 2019 and 2020. Statement of Comprehensive Income for the year ending 31March Statement of Financial Position for year ending 31 March Statement of Changes in Equity