You hava secund a hollday job as a financial Joumalist with a media house and one of your tasks is to analyse the floancial statements of newly listed companlos. Tha Hubbard Limitad is a company that bases and distributes a range of cakes and muffins to food outlets. There is no finished good Inventory as all baked items are althar sold or donated to the homeless. You have axamined the financial statements of the company and drafted the following to ald your analysis on MS Excel computer package. Tablo 20: Summarised statomonts of profit or loss for the year anded 30 Soptomber 2021 2020 Sales R2,000,000 R1,800,000 Cost of sales (1.100.000) (1.080.000) Gross profit 900,000 720,000 Operating expenses (817.500) (491500) Profit before taxation and interest 282,500 228,500 Finance costs (12,500) (12 500) Profit bafora taxation 270,000 216,000 Taxation (54,000) (43 200) Profit for the period 216.000 172.800 Tablo 2V: Extracts from the statement of financial position at 30 September 2021 2020 R R Non-current assets: Plant and equipment 700,000 800,000 Current assets: Baking supplies Accounts recevabla Bank balances Total assots 547,000 136,100 177,500 233,400 1.247.000 301,500 133,500 100,000 68,000 1101.500 Equity 870,000 744,000 Non-current liabilitios 250,000 250,000 Trado payables and accruals 127 000 1.247.000 107000 1101.000 Table 2W: Dividends and share information for the year ended 30 September 2021 2020 Dividend pald R90,000 R80,000 Number of ordinary shares in Issue 1,200,000 1,200,000 Market price per share at the end of the year 1.71 2.54 Table 2X: Selected ratios of the Hubbard Limited for the year ended 30 September 2020 2021 Gross profit percentago ? Earnings per share ? (U) Prica: eamings ratio ? Dividend yield ? (iv) Retum on capital employed ? (0) Current ratio ? (vl) Accounts receivable collection period: In days ? (vi) Accounts payable payment period: In days ? (VTT) Gearing percentage ? (bx) Interest cover- times ? (x) You are required to: a) Complete the Tablo 2x with missing values. Workings must be shown. [23 marks] =38 b) Briefly comment on the ratlos in your completed Table 2X. [10 marks)