INFORMATION The following information was extracted from the budget for a project of Flintstone Manufacturers for the year ended 28 February 2022: Estimated sales Selling price per unit Direct material cost per unit Direct labour cost per unit Variable production overheads cost per unit Fixed production overheads Selling and administrative expenses: Fixed Variable 4 000 units R1 200 R420 R210 R120 R468 000 R180 000 R90 per unit REQUIRED Use the information provided below to answer the following questions: Calculate the following ratios for 2020. Where applicable, express answers to two decimal places. Gross profit margin Operating profit margin Inventory turnover period Trade receivables period Trade payables period Return on capital employed Comment on the liquidity position of the project for 2020 by calculating two appropriate ratios. Suggest TWO (2) ways in which the trade receivables period maybe improved. INFORMATION The following information was extracted from the budget for a project of Flintstone Manufacturers for the year ended 28 February 2022: Estimated sales Selling price per unit Direct material cost per unit Direct labour cost per unit Variable production overheads cost per unit Fixed production overheads Selling and administrative expenses: Fixed Variable 4 000 units R1 200 R420 R210 R120 R468 000 R180 000 R90 per unit REQUIRED Use the information provided below to answer the following questions: Calculate the following ratios for 2020. Where applicable, express answers to two decimal places. Gross profit margin Operating profit margin Inventory turnover period Trade receivables period Trade payables period Return on capital employed Comment on the liquidity position of the project for 2020 by calculating two appropriate ratios. Suggest TWO (2) ways in which the trade receivables period maybe improved