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QUESTION 3 (20) Marka) REQUIRED Uso the riformation provided below to answer the fobwing questors. 3.1 Calculate the ratios for 2022 that refect each of the folowing. Express the answess b wo docinul places 31.1 The nat inoume oupresedd as a pecontage of revenue (2 marss) 3.12 The number of times the company sels and replases its goods ding the period (2) makle) (2maks) 3.14 A messure of the compary/s ability to poy the obligatons that are due within ane yeur (2) matus) 3.15 A measute of how much profit a company earns trom each of lis ehures of stock. (2 maka: 31.6 The anount of long-term debt relasive to the mount orighally inedted by te cwoen 2 maxal and the retained aamings 3.7 The lime that he compary taks bo pey its crodioss (2 maks) 32 Provide TWO (2) recommendabons each for Kennan Lmiled ts maie an incrovement wei regad to the followiog rabios: 321 Grossmargin 322 Deblor collection period 323 Inventory sunove: (B) matst) INFORAATION Note: 1. Inventories as at 31 Decamber 2021 and 2022 amounted b R160 000 and R2000 000 respectively 2. The ordinary share cepital consists of 400000 shares. 3. The amount owed to trade creditors on 31 December 2022 amounled to RS60 000