Additional information: i. During 2021 a total dividend of 255m was paid (2020: 242m) ii. The average share price during 2021 was 5.12 (2020: 4.00). Required:

a. Calculate the following ratios for Sweets plc for 2021 and 2020, showing the formulas and workings: 1- ROCE 2- ROE 3- Earnings per share 4- Net profit margin 5- Asset turnover 6- Stock holding days 7- Debtors collection period 8- Current ratio 9- Gearing ratio 10- Interest cover b. Using the information in the financial statements and the ratios you have calculated, comment on the financial performance and position of Sweets plc.

QUESTION 2 Sweets plc is a long-established sweets and confectionery manufacturer. All products are manufactured in the UK, bu sales are made worldwide. It is a growing but competitive market. Given below are extracts from their financial statements, Profit and Loss statement for the year ended 31st December Statement of Financial Position as at 31st December