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Question 2 (25 Marics) Tshwane Homeware Lid is a retailer of homeware appliances and accessories. Extracts of their financial reports are presented below: Statement of
Question 2 (25 Marics) Tshwane Homeware Lid is a retailer of homeware appliances and accessories. Extracts of their financial reports are presented below: Statement of Comprehensive Income for the year ended 28 February 2023 Statement of Financial Position as at 28 February 2023 Management report ratios of Tshwane Homeware Lit as compared to the industry average are as follows as at 28 February 2023: Required: 2.1. Use the information provided to calculate the following ratios: (Where applicable, round off answers to two decimal places). 2.1.1 Debtors collection period (2 mark 2.1.2 Debt to equity (2 mark 2.1.3 Net profit margin (2 mark 2.1.4 Earnings per share (3 mark 2.1.5 Return on assets (3 mark 2.1.6 Interest coverage (3 mark 2.2 Briefly discuss the management report ratios of Tshwane Homeware Lid as compared to the industry (4 mark averages 2.3 Advise the directors of the company on ways to be successful in managing their inventory- (6 mark
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