Additional information:

$-$Depreciation for the year amounted to

$2022$: R $720000$

$2021$: R $1080000$

$-$Company tax is calculated as a percentage of the pre$-$tax profit.

Explain the change that took place during $2022$ in respect of:

$1.$ long term borrowings.

$2.$ propert, plant and equipment.

$3.$ calculate the administartive expenses for $2022.$

$4.$ was there a change to the company tax rate during $2022,$ explain.

$5.$ assess the performance of the compnay from the information without using rations.

$6.$ recommend $4$ ways the company can improve its profitability.