Complete the financial ratios template for 2022 and 2023 (Note: You are required to interpret the ratios by commenting in the comments column in the spreadsheet)

MAMB Ltd. Income Statement for the years ended 31 December 2022 and 2023 2022 Rmillion Sales Cost of sales (90% of purchases are on credi Gross profit Operating expenses: General & Admin expenses Depreciation Other Operating Expense Selling & Marketing expenses Operating income Interest and Investment income Income from Affiliates Currency Exchange Gains/Losses Earnings before interest and tax Interest expenses Earnings before tax Tax Net income Dividends paid Retained earnings Current Market Share price Book Value per Share Dividend per Share -60 -3834 -11082 -12198 Other information: 151227 -114292 36935 -27174 R 54.52 R 5.99 9761 730 -453 -24 10014 -2208 7807 -2017 5790 R 2,097,000,000 R 3,692,700,000 R 76.33 2023 Rmillion -139 -4858 -15837 -16267 202486 -154129 48357 -37100 11257 1054 -117 -286 11909 R 63.94 R 9.68 -2873 9035 -2349 6686 R 3,389,400,000 R 3,296,796,000 R 89.52