REQUIRED Use the information provided below to answer the following questions. Note: Use formulas provided in the formula sheet only (that appear afler OUESTION 5). Answers to fhe rafios must be expressed to two decimal places. 2.1 Caloulate the pertentage profit on sales afier the cost of sales only have been acoounted for. (2 marks) 2.2 Has the liquidity of the company improved? Use two nelevant ratios to motivate your answer. (6 marks) 2.3 Use the relevart rafios to comment on fhe effectiveress with which the compary has employed fre inventory and debtors during 2022. (6 marks) 2.4 Use TWO (2) appropriate rabios that shareholders would use to assess fhe proftability of the compary for 2022 by examining the afertax returns eamed. Comment on your calculafions. (6 marks) INFORMATION Extracts of the financial stalements of Utra Limiled are presented below: Additional information - The authorised share capial of the company consists of 1500000 ondinary shares of which 1000000 have been issued