Question 11 Not yet answered Marked out of P Flag question The following ratio analysis was conducted for Shoprite Holdings (Pty) Ltd. 2021 2020 Inventory turnover ratio 5 times 3 times Price-earnings ratio 10 times 16 times Net profit margin 5% 10% Finance cost coverage 5 times 7 times Finance leverage ratio 0,70 0,86 Cash dividend coverage 10 times 5 times Earnings per share 5c per share 10c per share Total assets turnover time 50 days 100 days Cash conversion cycle 10 days 20 days The business experienced an increase in its return on assets, based on the ... O a. Increase in its net profit margin O b. Increase in the finance cost coverage O c. Decrease in the total asset turnover time O d. Improvement in the cash dividend coverage