QUESTION 2 REQUIRED (25 Marks) 2.1 Use the information provided below to calculate the ratios for 2021 (expressed to two decimal places) that would reflect each of the following: 2.1.1 The time taken by the company to settle its debts with trade suppliers. (3 marks) 2.1.2 The amount of debt that the company uses to finance its assets. (3 marks) 2.1.3 The operational effectiveness of the company before considering interest income, interest expense and company tax. (3 marks) 2.1.4 The percentage of the profit that has been put back into the company. (3 marks) 2.1.5 What investors are willing to pay for the shares of the company with due consideration given to the profit generated by each share in the company. (3 marks) 2.2 Comment on the FIVE (5) ratios of Oslo Limited as compared to the industry average provided in the additional information. (10 marks) INFORMATION The information given below was extracted from the books of Oslo Limited: OSLO LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDING 31 DECEMBER 2021 Sales Cost of sales Opening inventory Purchases R 2 145 000 (1790 000) 347 000 ? Closing inventory Gross profit Operating expenses Operating profit Interest expense Profit before tax Company tax (447 000) 355 000 (244 660) 110 340 (20000) 90 340 (25295)