Question
QUESTION 5 (20 MARKS) REQUIRED Use the information provided in Question 4 to answer the following questions: 5.1 Calculate the following ratios for 2022 only.
QUESTION 5 (20 MARKS) REQUIRED Use the information provided in Question 4 to answer the following questions: 5.1 Calculate the following ratios for 2022 only. Express the answers to two decimal places. 5.1.1 Inventory turnover (2 marks) 5.1.2 Debtors collection period (2 marks) 5.1.3 Creditors payment period (2 marks) 5.1.4 Earnings yield (2 marks) 5.1.5 Dividend yield (2 marks) 5.1.6 Acid test ratio (2 marks) 5.1.7 Debt to equity (2 marks) 5.2 Comment briefly but meaningfully on the following ratios: 2022 2021 Current ratio 1.21:1 1.08:1 Earnings per share 264 cents 296 cents Profit margin 21.29% 25.56%
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