QUESTIN 3 (20 Merite) REQUIREO 3.1 Use the iniormation provided below to calculate the ratio (expressed to two decimal places) that would refiect esch of the following 3.1.1 The amount of funds available relative to sales, to pay the company/s expenses other ( 2 marks) than its cost of sales (expressed as a percentage) 3.1.2 The company's net income as a percentage of the company's net sales. ( 2 marks) 3.1.3 The ability of the company to generate profits from its shareholders investments in the mmpany. 314 A maveun nf the divitend paynit per chan of the mompary' netinary dhame ( 2 marks) 3.1.5 The capacily of the company to pay off its current commiments using just is most liquid (P marke) assets. ( 2 marks) 31.6 The degree to which the company's assels are financed by debt. ( 2 marks) 31.7 A measare of how esaily the compary can pay the interest on is oulsisding debt. (2man(x) 3.2 Conment on the following ratios: (is marks) NFORMATION Extracts of the francial stalements of Tubo Limted for 2022 are g ven beiow TURSO LIMTED STATEMENT OF COMPREHENSIVE NCOME FOR THE YEAR ENOED SI DECEMEER 2222 STATEMENT OF FINANCIAL POSTION AS AT 31 DECEMBER 202 Nole: 4. Credt terms lo dablon ane 1 days