Good day. Please assist with Question 3 Use the information provided in Question two to compile the cash flow statement for the year ended 30 June. Show all workings. (25)

The following extracts of the financial statements of Big Six Industries were presented to you: Statement of Comprehensive Income (Income statement) for the year ended 30 June: Additional information: 1. All purchases are made on credit. 20% of Sales are for cash. 2. Depreciation included in operating expenses for the year ending 30 June 2022 : Office machinery R200 000 and Motor vehicles R240 000 . No asset was sold during this period. 3. Inventories for the year ending 30 June 2020 amounted to R460000. 4. Dividend declared for the year ended 30 June 2022 amounted to R360000 5. The ordinary shares have a par value of R1. Required Calculate the following ratios for 2022 and 2021 . Where applicable, round off answers to two decimal places. Show all workings. 2.1 Current ratio. 2.2 Acid-test ratio. 2.3 Debtors collection period. 2.4 Creditors payment period. 2.5 Fixed asset turnover 2.6 Inventory Turnover 2.8 Earnings per share. 2.9 Interest cover. (No. of times) QUESTION THREE [25] Use the information provided in Question 2 to compile the Cash flow Statement for the year ended 30 June 2022. Show all workings. QUESTION TWO [25] The following extracts of the financial statements of Big Six Industries were presented to you: Statement of Comprehensive Income (Income statement) for the year ended 30 June: Statement of Financial Position (Balance sheet) as at 30 June: Additional information: 1. All purchases are made on credit. 20% of Sales are for cash. 2. Depreciation included in operating expenses for the year ending 30 June 2022 : Office machinery R200 000 and Motor vehicles R240 000. No asset was sold during this period. 3. Inventories for the year ending 30 June 2020 amounted to R460 000. 4. Dividend declared for the year ended 30 June 2022 amounted to R360 000. 5. The ordinary shares have a par value of R1. Required Calculate the following ratios for 2022 and 2021 . Where applicable, round off answers to two decimal places. Show all workings. 2.1 Current ratio. 2.2 Acid-test ratio. (2) 2.3 Debtors collection period. 2.4 Creditors payment period. 2.5 Fixed asset turnover 2.6 Inventory Turnover Ratio (on average inventory) 2.7 Return on equity. 2.8 Earnings per share. 2.9 Interest cover. (No. of times) QUESTION THREE [25] Use the information provided in Question 2 to compile the Cash flow Statement for the year ended 30 June 2022 . Show all workings