QUESTION ONE

$30$

Harambee manufacturing $($PTY$)$ Limited is a company that produces industrial paints. Since the beginning of $2019,$ the products have been marketed mainly through Independent regional distributors instead of directly to completed product users, which was the previous policy.

Your own company, which has substantial resources, is the major user of this products. We have recently been asked by the financial director of Harambee Limited whether your company will be willing to provide short$-$term loan finance at current market rates. You have been given access to the account of Harambee for the past three years extract those accounts are shown below.

$\backslash$table$[[,2020,2019,2018],[$Turnover cost od sales,$Rm,Rm,Rm$