$2024$ During $2024$ the purchasing manager was able to negotiate for all the inventories to be purchased on credit from its suppliers subject to credit terms of $60$ days. The inventory balance increased from R$5500000$ at the end of $2023$ to R$6500000$ at the end of $2024.$ Cosmed Limited was able to pay out an interim dividend of R$1850000$ during $2024.$ The profitability and financial position for $2024$ are evident in the following excerpts of the financial statements: COSMED LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED $31$ DECEMBER $2024$ R Sales $75000000$ Cost of sales $48000000$ Operating profit $12000000$ Interest expense $1000000$ Profit before tax $11000000$ Tax $2970000$ Profit after tax $8030000$ Refer to the statement of comprehensive income for the year ended $31$ December $2024,$ statement of financial position as at $31$ December $2024$ and additional information related to the $2024$ financial year. REQUIRED Calculate the ratios for $2024($fully stated to two decimal places e$.$g$.2\mathrm{.}14$:$1$; $23\mathrm{.}67\%)$ that would reflect each of the following and comment on your answers. Use only the formulas provided in the formula sheet that appear after Question $4$ or in the module guide. $2\mathrm{.}1$ An indication of the profitability of the company after the cost of goods sold have been deducted. $($Note: A ratio of $30\%$ was achieved in $2023.)(4$ marks$)2\mathrm{.}2$ The amount of time the company takes to pay its suppliers after purchasing goods and services on credit. $(4$ marks$)2\mathrm{.}3$ A measure of the profitability of the company$$s own and borrowed capital investment. $(4$ marks$)2\mathrm{.}4$ The ability of the company to pay its short$-$term obligations using only its most liquid assets. $(4$ marks$)2\mathrm{.}5$ An indication of the company$$s profitability per share. $($Note: A ratio of $98\mathrm{.}56$ cents per share was achieved in $2023.)(4$ marks$)2\mathrm{.}6$ The percentage of the profit that has been put back into the company. $(5$ marks$)$