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QUESTION 5 REQUIRED Use the information provided in QUESTION 4 to answer the following questions: 5.1 Calculate the following ratios (expressed two decimal places) for

QUESTION 5 REQUIRED Use the information provided in QUESTION 4 to answer the following questions: 5.1 Calculate the following ratios (expressed two decimal places) for 2022 only. Note: Use formulas provided in the formula sheet only (that appear after QUESTION 5). 5.1.1 Gross margin 5.1.2 Dividend per share 5.1.3 Return on assets 5.1.4 Current ratio 5.1.5 Acid test ratio 5.1.6 Debt to equity 5.1.7 Creditor payment period 5.2 Comment on the following ratios: 5.2.1 Inventory turnover 5.2.2 Debtors collection period 5.2.3 Return on equity 2022 3.10 times 56.41 days 13.11% END OF PAPER 2021 (20 MARKS) 6.35 times 29.45 days 18.80% (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks)

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