Pulf Adder Distributors Balance Sheets the year ended 31 December 2019 and 2018 Assets Non-current assets Current assets 299 2004 9312081411 Inventories Accounts receivable Cash and cash equivalents 2874 90758 429780418852 Total assets 225824 212244 Owners' equity and liabilities Owners equity Non-current liabilities Current liabilities Accounts payable Other current liabilities Total owners' equity and liabilities 141463119541 SLAR 56291 63250 4297801418852 III 2.1 Use the information provided above to calculate the following ratios and interpret them over the two-year period 2018-2019) taking into consideration the additional information provided on each ratio. Show your workings and where applicable, round off answers to two decimal places. 2.1.1 Profit margin 2.1.2 Acid test ratio 2.13 inventory turnover [inventory for 2017: 69 3701 2.1.4 Debtors collection period Current credit terms to debtors are 30 days) 2.1.3 Return on assets Current rate on fixed deposits at bank-7.25 %. Current rate at banks for business loan 11 the current inflation rate 5.6%) 2.2 Use the following information to calculate the economic order quantity Rich Distance Distributors purchases 750 sake repellers at R340 esch per annum. The snske repellers are sold at R400 each at a steady rate during the year. The cost of placing a single order amounts to R20. Inventory holding cost amounts to R250 per unit 2. Use the following information to calculate the cost of not accepting a discount Reptile Wholesalers normal credit terms to Rich Distance Distributors are 30 days but is prepared to allows 43 rebate i Puff Adder Distributors pays the account within 15 days. Calculate the cost to Puff Adder Distributors of not accepting the discount. Pulf Adder Distributors Balance Sheets the year ended 31 December 2019 and 2018 Assets Non-current assets Current assets 299 2004 9312081411 Inventories Accounts receivable Cash and cash equivalents 2874 90758 429780418852 Total assets 225824 212244 Owners' equity and liabilities Owners equity Non-current liabilities Current liabilities Accounts payable Other current liabilities Total owners' equity and liabilities 141463119541 SLAR 56291 63250 4297801418852 III 2.1 Use the information provided above to calculate the following ratios and interpret them over the two-year period 2018-2019) taking into consideration the additional information provided on each ratio. Show your workings and where applicable, round off answers to two decimal places. 2.1.1 Profit margin 2.1.2 Acid test ratio 2.13 inventory turnover [inventory for 2017: 69 3701 2.1.4 Debtors collection period Current credit terms to debtors are 30 days) 2.1.3 Return on assets Current rate on fixed deposits at bank-7.25 %. Current rate at banks for business loan 11 the current inflation rate 5.6%) 2.2 Use the following information to calculate the economic order quantity Rich Distance Distributors purchases 750 sake repellers at R340 esch per annum. The snske repellers are sold at R400 each at a steady rate during the year. The cost of placing a single order amounts to R20. Inventory holding cost amounts to R250 per unit 2. Use the following information to calculate the cost of not accepting a discount Reptile Wholesalers normal credit terms to Rich Distance Distributors are 30 days but is prepared to allows 43 rebate i Puff Adder Distributors pays the account within 15 days. Calculate the cost to Puff Adder Distributors of not accepting the discount
