QUESTION $4(40$ Marks$)$

Use the given information to answer the given questions.

$20222021$

ASSETS

Non$-$current assets $50750003850000$

Land and buildings $31500001575000$

Listed investment at Cost $19250002275000$

Current assets $52640002353750$

Inventories $2625000656250$

Trade debtors $2625000612500$

Cash and cash equivalents $140001085000$

Total assets $103390006203750$

EQUITY AND LIABILITIES

Capital and reserves $47477503395000$

Issued share capital and reserves $47477503395000$

Non$-$current liabilities

Non$-$current loan $35000001400000$

Debentures $10500001050000$

Deferred tax $700000183750$

Trade and other payables $341250175000$

$103390006203750$

$20222021$

Revenue from sales $87500005250000$

Cost of sales $52500002625000$

Gross profit $35000002625000$

Total other expenses $1400000507500$

Profit before finance charges $21000002117500$

Finance charges $($all relating to non$-$current liabilities$)17500017500$

Profit before tax $19250002100000$

Taxation expense $577500630000$

Profit for the year $13475001470000$

Other comprehensive income $00$

Total comprehensive income $13475001470000$

Market share price $1\mathrm{.}251\mathrm{.}00$

Ordinary Shares Capital

Pref share

capital Retained Earnings Total

Opening balance

$(01/01/2021)8750005250006125002012500$

Total comprehensive

income $14700001470000$

dividends declared $-$

preference dividend $(52500)(52500)$

ordinary dividends $(35000)(35000)$

Opening balance

$(01/01/2022)87500052500019950003395000$

Total comprehensive

income $13475001347500$

dividends declared $-$

preference dividend $(61250)(61250)$

ordinary dividends $(21000)(21000)$

Preference share issue $87500$

Closing balance

$(31/12/2022)87500061250032602504747750$

Additional information:

Ordinary shares were issued at R$3\mathrm{.}50$ per share.

REQUIRED:

Calculate the following ratios for $2022$ ONLY

$4\mathrm{.}1$ Gross profit margin $(3$ Marks$)$

$4\mathrm{.}2$ Net profit margin $(3$ Marks$)$

$4\mathrm{.}3$ Return on capital employed $(4$ Marks$)$

$4\mathrm{.}4$ Return on owners$$ equity $(3$ Marks$)$

$4\mathrm{.}5$ Return on assets $(3$ Marks$)$

$4\mathrm{.}6$ Earnings per ordinary shares $(4$ Marks$)$

$4\mathrm{.}7$ Ordinary Dividend per share $(5$ Marks$)$

$4\mathrm{.}8$ Acid test ratio $(5$ Marks$)$

$4\mathrm{.}9$ Dividend yield $(5$ Marks$)$

$4\mathrm{.}10$ Earnings yield $(5$ Marks$)$

END OF PAPE