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The following information relates to question 1 - 7. The following information is extracted from the accounting records of Wango Ltd: 2021 2020 R R

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The following information relates to question 1 - 7. The following information is extracted from the accounting records of Wango Ltd: 2021 2020 R R Share capital: Ordinary shares 82 000 114 000 Sales 100 000 120 000 2 000 3 000 4 000 4 500 42 000 49 000 16 000 18 000 48 500 Interest expense Dividends Profit before tax Income tax expense Retained earnings Revaluation surplus Current assets Total assets Current liabilities Inventory 23 500 10 000 7 000 71 000 80 000 145 000 172 000 27 200 26 300 36 600 24 300 QUESTION 1 The acid test ratio in year 2021 is as follows: A. 1,72:1 B. 2,61:1 C. 1,94: 1 D. 1,26:1 . E. 1.31:1 QUESTION 2 Which of the following alternatives represents the correct return on assets ratio for year 2021? . A. 30,34% . B. 28,97% . C. 27,59% . D. 20.32% . O E. 17,93% Reset Selection Question 3 of 7 2.0 Points QUESTION 3 Which of the following alternatives represents the correct return on equity ratio for year 2021? A. 59,15% B. 58.19% C. 32,74% D. 29,89% E. 51,22% Reset Selection QUESTION 4 Which of the following alternatives represents the correct debt- equity ratio for year 2021? A. 19,57% B. 50,22% (D. C. 18,89% (D. 30,15% . E. 17.19% Reset Selection

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