Use the information provided in QUESTION $4$ to answer the following questions:

$5\mathrm{.}1$

Calculate the following ratios $($expressed to two decimal places$)$ for $2022$ only. Note: Use formulas provided in the formula sheet only $($that appear after QUESTION $5).$

$5\mathrm{.}1\mathrm{.}1$

Gross margin

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}2$

Dividend per share

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}3$

Return on assets

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}4$

Current ratio

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}5$

Acid test ratio

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}6$

Debt to equity

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}7$

Creditor payment period

$(2$ marks$)$

$5\mathrm{.}2$

Comment on the following ratios:

$2022$

$2021$

$5\mathrm{.}2\mathrm{.}1$

Inventory turnover

$3\mathrm{.}10$ times

$6\mathrm{.}35$ times

$(2$ marks$)$

$5\mathrm{.}2\mathrm{.}2$

Debtors collection period

$56\mathrm{.}41$ days

$29\mathrm{.}45$ days

$(2$ marks$)$

$5\mathrm{.}2\mathrm{.}3$

Return on equity

$13\mathrm{.}11\%$

$18\mathrm{.}80\%$

$(2$ marks