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QUESTION TWO [25] WTW Projects produced the following information for its most recent financial year end: Extract from the Statement of Comprehensive Income for the

QUESTION TWO [25] WTW Projects produced the following information for its most recent financial year end: Extract from the Statement of Comprehensive Income for the year ended 31 March 2021: Fxtract from the Statement of Financial Position as at 31 March 2021 requirea: Calculate each of the following ratios (where applicable round off answers to two decimal places): 2.1 Gross margin 2.2 Current ratio 2.3 Acid-test ratio 2.4 Debtors collection period 2.5 Inventory turnover 2.6 Retum on assets

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