$2\mathrm{.}2$ Using the information in table $2\mathrm{.}2,$ calculate inventory turnover ratio $(6$ marks$)$

$\backslash$table$[[,$R$],[$Opening Inventory,$39000],[$Closing Inventory,$41000],[$Sales$,320000],[$Gross Profit Ratio,$80,000]]$

$2\mathrm{.}3$ ABC Electronics is a company that sells smartphones. The monthly demand for a particular smartphone model is $1000$ units. The cost to place an order is R$100,$ and the carrying cost per unit per year is R$5.$ The company operates for $250$ business days per year. Calculate the Economic Order Quantity $($EOQ$)$ for the smartphone model.

Calculate the EOQ. $(6$ marks$)$

$2\mathrm{.}4$ Study the below and answer the questions that follow:

Table $2\mathrm{.}4$

$\backslash$table$[[($Millions$),$Company A$,$Company B$,$Company C$],[$Non$-$Current Assets,R$136822,$R$124948,$R$104376],[$Total Assets,R$231945,$R$227291,$R$256718],[$Inventories$,$R$5412,$R$6454,$R$10343],[$Non$-$Current Liabilities,R$45232,$R$34142,$R$53434],[$Total Liabilities,R$75231,$R$85010,$R$95010]]$

Calculate the quick ratio of all companies using table $2\mathrm{.}4?(8$ marks$)$