QUESTION FOUR [15 MARKS] Stax Ltd is a listed company that has recently published its annual financial statements, and the following summarized statement of comprehensive income and statement of financial position for the year-end May 2022. Statement of comprehensive income for the year ended May 2022. Details: R'000 Sales 30 000 Operating costs (18 000) Depreciation (4 000) Earnings before tax 8 000 Interest (3 000) Earnings before tax Taxation 5 000 (1500) 3 500 Net profit 5| Page Statement of financial position for the year ended May 2022. Details: R'000 Net working capital 35 000 Non -Current assets 28 000 63 000 Long term debt 28 000 Equity 35 000 63 000 REQUIRED: a) Calculate the following ratio for the year ended May 2022. Please Note: Round off to two decimal places. I. Debt equity ratio: II. Interest cover; III. Asset turnover; IV. Net profit margin: V. Return on assets; and VI. Return on equity. a) List three reasons why companies hold cash. NNNNNN [2] [2] [2] [2] [2] [2] [3]