Question 2 Use the financial statements that you prepared for Thabo Traders in Question 1 and calculate the following: a) Current Ratio (3) b) Gross Profit Percentage (4) c) Return on Equity (4) Question 3 In each of the following independent situations, calculate the answers using Excel. a) The assets of a business which has owner's equity of R20,000 and liabilities of R10,000. b) The owner's equity of a business which has assets of R50,000 and liabilities of R32,000. c) The liabilities of a business which has assets of R120,000 and owner's equity of R90,000. d) The owner's contribution during the year, if a business has assets of R60,000, liabilities of R15,000 and owner's equity (excluding capital contributed by the owner during the year) of R25,000. [11] [5]