I'll send Another question now

5 Calculate the cost of sales for 2020 2 2 Calculate the gross profit for 2020 23 231 Calculate the current ratio for 2020 (4) 2 3.2 Calculate the acid-test ratio for 2020 (4) 2 3 3 Do you think that the business will experience liquidity problems in the near future? Explain briefly, with reference to the ratios calculated above (5) 2 4 Calculate the following 2 4.1 The % operating expenses on turnover for 2020. The (5) percentage for 2019 was 409% 2 4 2 Should the business be satisfied with its control of operating expenses in 20207 The ratio for 2019 was 30% Explain briefly 2 5 During 2020 an advertising campaign was launched to increase business sales and profits. In your opinion, was this campaign successful? Give a opinion and compare the net profit for the two years to support your answer (6) 2 6.1 The business has employed the same number of employees for the past two years. Should the employees be satisfied with the amount paid for wages during 20207 Give figures so support your answer 2 7 Seemahale traders secured a fixed deposit of R20 000 year 2019. The interest on fixed deposit for 2019 was R 1500. Calculate the rate of the fixed deposit that was secured in the year 2019 (Show all calculations ) (4) 100 marks 06 2 14