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Use the information provided to answer the following questions: Calculate the following ratios for 2022 only. Express the answers to two decimal places Profit margin

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Use the information provided to answer the following questions:

Calculate the following ratios for 2022 only. Express the answers to two decimal places

  1. Profit margin
  2. Inventory turnover
  3. Dividends per share
  4. Earnings per share
  5. Creditors payment period
  6. Current ratio
  7. Debt to equity

Comment briefly but meaningfully on the following ratios:

Acid test ratio

2022

1.29:1

2021

0.43:1

Debtors collection period

2022

36 days

2021

30 days

Return on assets

2022

10.10%

2021

8.56%

The following information was extracted from the records of Zenith Limited

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