USE THIS INFORMATION TO ANSWERS QUESTIONS 37 TO 49 Health Solutions Ltd is a company involved both in the production and retail side of the pharmaceutical industry. The following information is extracted from the company's financial statements for the years 31 March 2020 and 31 March 2021: Statement of comprehensive income for the year ended 31 March 2021 R'000 2020 R'000 Turnover (Net sales on credit) 185 000 143 000 Cost of goods sold 129 500 107 250 Statement of financial position at 31 March 2021 R'000 2020 R'000 ASSETS Non-current assets 46 700 52 000 Land and buildings 43 300 39 700 Investments 3400 12 300 Current assets 77 000 41 400 Inventory 32 000 16 800 Accounts receivable 41 400 22 200 Cash 3 600 2400 123 700 93 400 EQUITY AND LIABILITIES Share capital Non-distributable reserves Retained income 1200 1200 3400 2 800 52 200 41 400 Long term loans 6300 63 100 8100 53 500 Current abilities 60 600 39 900 Accounts payable 38600 26 500 Taxation 6 800 5100 Shareholders for dividends 7 200 5300 Bank overdraft 8 000 3000 123 700 93 400 37. The Current ratios for 2021 and 2020 are: 38. The quick / acid test ratios for 2021 and 2020 are: 39. The average inventory turnover ratios for 2021 and 2020 are: 40. The collection period for accounts receivable for 2021 and 2020 are: 41. The percentage increase/decrease in Turnover for the year 2021 compared to 2020: 42. The percentage increase/decrease in inventory for the year 2021 compared to 2020: 43. The percentage increase/decrease in accounts receivable for the year 2021 compared to 2020: 44. The percentage increase/decrease in accounts payable for the year 2021 compared to 2020: