workings and where applicable, round off answers to two decimal places. 32 pulf Adder Distributors 2019 2018 Assets Non-current assets Current assets Balance Sheets the year ended 31 December 2019 and 2018 Owners' equity and liabilities Total owners' equity and liabilities 2.1 Use the information provided above to calculate the following ratios and interpret them over the two-year period (2018-2019) taking into consideration the additional information provided on each ratio. Show your Inventories Accounts receivable Cash and cash equivalents Accounts payable Other current liabilities 269400 206436 160390 212416 9312 141 38514 28740 3075 429780 418852 Total assets Owners' equity Non-current liabilities Current liabilities 225824 21220 52493 87067 1414631 119541 55483 56291 85980 53250 429780 418852 2.1.1 Profit margin 2.1.2 Acid test ratio 2.1.3 Inventory turnover (Inventory for 2017: 69 870] 14 2.1.4 Debtors collection period (Current credit terms to debtors are 30 days) 2.1.5 Return on assets (Current rate on fixed deposits at banks- 7.25 %, Current rate at banks for business loan 11%, the current inflation rate 5.6%) 2.2 Use the following information to calculate the economic order quantity: Rich Distance Distributors purchases 750 snake repellers at R340 each per annum. The snake repellers are se R480 each at a steady rate during the year. The cost of placing a single order amounts to R20. Inventory ha cost amounts to R2.50 per unit. 2.3 Use the following information to calculate the cost of not accepting a discount: Reptile Wholesaler's normal credit terms to Rich Distance Distributors are 30 days but is prepared to allow rebate if Puff Adder Distributors pays the account within 15 days. Calculate the cost to Puff Adder Distribe not accepting the discount