Makhosana Limited has hired you as the investment adviser. You have been assigned to evaluate

their performance through looking at the key financial ratios. The company$$s investors and

management would like to have an insight on how they have performed from financial analysis

perspective. The chief financial officer of the company has provided you with the following

information $($the financial information of the company and the industry as at $31$ December $2023).$ Required

$5\mathrm{.}1.$ Calculate the following ratios for both Makhosana Limited and industry average:

a$.$ The current ratio $(5)$

b$.$ Acid test ratio $(5)$

c$.$ Debtors collection period