question 3.3 and 3.4

THREE Ltd as or 50 000 Loans at 9% pa 210 000 NB a. Shares are currently trading at RA,10 per share Calculate 3.1 The debtors average collection period and comment (Last year was 37 days) Note Debtors are given 30 days net to settle their accounts 3.2 The creditors payment period and comment (Last year was 88 days - All creditors accounts are 90 days less 2%). 3.3 The price to earnings ratio for r 2016 and explain the signficance of this ratio ratio and explain its significance to decision makers ot this ratio 9) 34 The debt equity QUESTION FOUR 4.1 Distinguish between 6) [20] 4.1.1 A participating preference share and a convertible preference share 2) 4.1.2 Share repurchase and a residual dividend. 4.2 Furn Services has experienced a reasonable trading year. They are deciding whether to pay out R124 000 in accumulated cash in the form of a dividend to