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Income Statement Dana Dairy Products For the Year Ended December 31, 2023 Required: i. Calculate the following ratios for 2023 a. Current ratio. b. Net

image text in transcribed Income Statement Dana Dairy Products For the Year Ended December 31, 2023 Required: i. Calculate the following ratios for 2023 a. Current ratio. b. Net working capital c. Inventory turnover d. Average collection period e. Gross profit margin f. Net profit margin g. Return on assets h. Return on equity ii. Based on the calculations in part (i) above, comment on the performance of the company as compared to its industry and its own last year results. ( 20 Marks )

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