The following information was extracted from the financial records of Mxo Limited at 28 February 2021, the end of the financial year. 2021 2020 R R 75 300 Inventory Other financial assets 130 000 22 400 125 000 180 000 Other financial liabilities 159 000 Trade receivables 57 300 47 400 Trade payables 32 900 28 500 Additional information: 1. The gross profit percentage is 38% on sales. 2. Purchases for the year amounted to R295 000 and 49% thereof were on credit. 3. Ratios reported in year ended 28 February 2020: Trade receivables collection period - 66.9 days Trade payables payment period - 64.9 days Inventory turnover rate - 6 times The following information was extracted from the financial records of Mxo Limited at 28 February 2021, the end of the financial year. 2021 2020 R R 75 300 Inventory Other financial assets 130 000 22 400 125 000 180 000 Other financial liabilities 159 000 Trade receivables 57 300 47 400 Trade payables 32 900 28 500 Additional information: 1. The gross profit percentage is 38% on sales. 2. Purchases for the year amounted to R295 000 and 49% thereof were on credit. 3. Ratios reported in year ended 28 February 2020: Trade receivables collection period - 66.9 days Trade payables payment period - 64.9 days Inventory turnover rate - 6 times