Statement of Financial Position as at $31$ December:

$20242023$

R R

Assets

Non$-$current assets $980000780000$

Inventories $13000001000000$

Accounts receivable $388000310000$

Cash $184000147000$

$28520002237000$

Equity and liabilities

Ordinary share capital $704000563000$

Retained earnings $816000680000$

Long$-$term loan $420000330000$

Accounts payable $900000655000$

Income tax payable $120009000$

$28520002237000$

Additional information

$1.$ All purchases and sales of inventories are on credit. The purchases for the year ended

$31$ December $2024$ amounted to R$2500000.$

REQUIRED

$3\mathrm{.}1$ Use the information provided below to calculate the following ratios for $2024.$ Where applicable, round off

answers to two decimal places.

$3\mathrm{.}1\mathrm{.}1$ Inventory turnover period $(3)$

$3\mathrm{.}1\mathrm{.}2$ Trade receivables period $(3)$

$3\mathrm{.}1\mathrm{.}3$ Trade payables period $(3)$

$3\mathrm{.}1\mathrm{.}4$ Return on capital employed $(4)$

$3\mathrm{.}1\mathrm{.}5$ Current ratio $(2)$

$3\mathrm{.}1\mathrm{.}6$ Acid$-$test ratio $(2)$