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Assets Non - current assets R 1 2 1 1 2 5 0 Current assets ( Includes inventory of R 1 6 6 0 0

Assets
Non-current assets R1211250
Current assets (Includes inventory of R166000) R835125
Total Assets R2046375
Equity and liabilities
Ordinary share capital (250000 shares) R1500000
Retained earnings R74625
Non-current liabilities R255000
Current liabilities R216750
Total equity and liabilities R2046375'

 Required: 
Calculate the following ratios for 2022. Only use ratios found in your module guide. Where applicable, round off answers to two decimal places. 
 
2.1 Operating profit on turnover 2
.2 Current ratio
2.3 Acid test ratio
2.4 Interest cover
2.5 Return on assets


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