QUESTION $2(20$ Marks$)$REQUIRED$2\mathrm{.}1$ Use the information provided below to calculate the ratios for $2022($expressed to two decimal places$)$that would reflect each of the following. Note: Use the formulas provided in the formula sheet only $($thatappear after QUESTION $5)\mathrm{.}2\mathrm{.}1\mathrm{.}1$ The efficiency with which the company can produce and sell its products beforeextraneous costs are deducted. $(2$ marks$)2\mathrm{.}1\mathrm{.}2$ The amount of time taken by the company to pay its trade debts. $(2$ marks$)2\mathrm{.}1\mathrm{.}3$ A measurement of the ability of management to use the companys net assets to generatesales revenue. $(2$ marks$)2\mathrm{.}1\mathrm{.}4$ The amount of profit that the company generates in relation to its equity and borrowedcapital. $(2$ marks$)2\mathrm{.}1\mathrm{.}5$ The portion of the company's profit that is allocated to each outstanding ordinary share. $(2$ marks$)2\mathrm{.}1\mathrm{.}6$ The percentage of the profit that has been put back into the company. $(2$ marks$)2\mathrm{.}2$ Comment on the following ratios by stating TWO $(2)$ significant points in each case:$202220212\mathrm{.}2\mathrm{.}1$ Profit margin $($Net profit margin$)10\mathrm{.}27\%7\mathrm{.}85\%(2$ marks$)2\mathrm{.}2\mathrm{.}2$ Price earnings ratio $7\mathrm{.}25$ times $5\mathrm{.}32$ times $(2$ marks$)2\mathrm{.}2\mathrm{.}3$ Return on assets $42\mathrm{.}86\%33\mathrm{.}25\%(2$ marks$)2\mathrm{.}2\mathrm{.}4$ Debt to assets $46\mathrm{.}43\%55\mathrm{.}67\%(2$ marks$)$INFORMATIONExcerpts of the financial data of Premier Limited for $2022$ are as follows:STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED $31$ DECEMBER $2022$RSales $7500000$Cost of sales $4800000$Operating profit $1200000$Interest expense $100000$Profit before tax $1100000$Company tax $330000$STATEMENT OF FINANCIAL POSITION AS AT $31$ DECEMBER $2022$RAssetsNon$-$current assets $1400000$Inventories $650000$Accounts receivable $450000$Cash $3000002800000$Equity and liabilitiesOrdinary share capital $(500000$ shares$)1200000$Retained earnings $300000$Long$-$term loan $600000$Accounts payable $500000$Dividends payable $2000002800000$Additional information$1.$ All purchases and sales of inventory are on credit$\mathrm{.}2.$ Inventories amounted to R$550000$ on $31$ December $2021\mathrm{.}3.$ Interim dividends paid on $10$ July $2022$ amounted to R$108000.$