QUESTION $4$

REQUIRED

Prepare the Cash Flow Statement of Concha Limited for the year ended $31$ December $2023.$

INFORMATION Additional information

Selling and administrative expenses included the following:

There were no disposals of property, plant and equipment during $2023.$

Total dividends for the year ended $31$ December $2023$ amounted to R$216000.$

Ninety percent $(90\%)$ of all purchases and sales of inventories are on credit. FORMULA SHEET QUESTION $5$

REQUIRED

Use the information provided in Question $4$ to answer the following:

$5\mathrm{.}1$ Calculate the following ratios $($expressed to two decimal places$)$ for $2023$ only. Note: Use the

formulas provided in the formula sheet only $($that appear after QUESTION $5).$

$5\mathrm{.}1\mathrm{.}1$ Profit margin

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}2$ Inventory turnover

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}3$ Debtor collection period

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}4$ Creditor payment period

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}5$ Return on assets

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}6$ Acid$-$test ratio

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}7$ Earnings per share

$(2$ marks$)$

$5\mathrm{.}2$ Comment briefly but meaningfully on the following ratios:

$(2$ marks$)$

$(2$ marks$)$

$(2$ marks$)$