The following are the financial statements of Magic Maker Corporation for the years 2021 and 2022. Statement of Comprehensive Income Particulars Amounts in millions of rands Year 2022 Year 2021 Revenue from operations 1065 950 Other income Nil Nil Total income 1065 950 Cost of goods sold (805) (720) Gross Profit 260 230 Operating expenses: (90) (75) Profit before interest and tax 170 155 Interest (35) (30) Profit before tax 135 125 Tax (50) (45) Profit after tax 85 80 Dividends 35 30 Retained earning 50 50 Statement of Financial Position Particulars Amounts in millions of rands Year 2022 Year 2021 Assets Non-current assets 570 515 Property, plant and equipment 550 495 Investments 20 20 Long-term loans and advances Nil Nil Current assets 365 338 Inventories 160 138 Investments 10 5 Trade Receivables 120 115 Cash and Cash equivalents 75 80 Total assets 935 853 Equity and liabilities Equity: 505 455 Equity share capital (Par value R10) 125 125 Other Equity 380 330 Non-current liabilities 190 205 Borrowings 190 205 Provisions Nil Nil Current liabilities 240 193 Borrowings 90 55 Trade payables 100 90 Other current liabilities 20 18 Provisions 30 30 Total equity and liabilities 935 853 QUESTIONS: A) Calculate the following ratios for the year 2022 and interpret the results. (15 marks) Current ratio Return on assets ratio Total assets turnover ratio B) Assume that you have been appointed as a financial manager of a listed company in South Africa. What would your three main roles be? Explain in detail with examples.