Please answer all the parts - Answers will not be accepted if any of the part is missing

QUESTION 2 (20) REQUIRED 2.1 Use the information provided below to calculate the ratio for 2016 that would reflect each ofthe following (Where applicable, express answers to 2 decimal places.): 2.1.1 The extent to whichthedaims of the short-term creditors are covered by assets that can be translated into cash in the short term. (2) 2.1.2 The extent to which long-term debt is covered by shareholders funds. (2) 2.1.3 The amount of fundsavailable relative to sales, to pay the company's expenses other than its cost of sales. (2) 2.1.4 The rand amount of distributions during the period on behalf of each ordinaryshare issued. (2) 2.1.5 An indication ofthe percentage ofthe profit that has been put backinto the company. 2.1.6 The amount that investors are willing to pay for each rand of the companys earnings. (2) 2.2 Provide two ways of making an improvement with regard to each ofthe following ratios: (2) 2.2.1 Debtor collection period (2) 2.2.2 Operating margin 2.3 Comment briefly on the followingratios: 2016 2015 2.3.1 Acid test ratio 4.19:1. (2) (2) 2.32 Return on equity 12.08% 8.85%