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Extracts from the financial statements of SGW Limited for the year ended 31 Dec orovided below: Extract of the Statement of Comprehensive Income Extract of

Extracts from the financial statements of SGW Limited for the year ended 31 Dec orovided below: Extract of the Statement of Comprehensive Income Extract of the Statement of Financial Position Note: Inventory on 1 January 2021 amounted to R40 000 . Required: Calculate each of the following ratios: (round off answers to two (2) decimal places) 1.1 Gross margin 1.2 Debtors collection period 1.3 Inventory turnover 1.4 Acid-test ratio 1.5 Interest coverage

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