1. Write a report on the ratios you have calculated explaining possible potential reasons for the differences in the ratios between 2020 and 2021 and highlighting any specific areas of concern.

i) 30 June 2020 ROCE 15.3% Gross profit margin 21.7% Net profit margin 575% Inventory turnover period lodays Current ratio 3.71 Auid test ratio 157 Average Settlement period for receive 58 days for payables 45 days Clearing ratio 30 June 2021 14.02% (1800/260) 21.07% 6.11% 018808800) 99 days. 3.881 (1312013380) 2:1) :) (7120/338) 81 days 56 days 25.4% (3200/2600) 0 Interest cover ratio 0