Question: QUESTION 2 ( 2 0 Marks ) REQUIREDUse the information provided in Question 1 to answer the following questions . 2 . 1 Calculate the

QUESTION 2(20 Marks)REQUIREDUse the information provided in Question 1 to answer the following questions.2.1 Calculate the following ratios for 2023 only. Note: Use the formulas provided in the formula sheetonly (that appear after QUESTION 5). Answers to the ratios must be expressed to two decimalplaces and be fully stated e.g.23.45%; 1.34:1 etc.2.1.1 Net profit margin (2 Marks)2.1.2 Inventory turnover (2 Marks)2.1.3 Current ratio (2 Marks)2.1.4 Debt to assets (2 Marks)2.1.5 Average collection period (2 Marks)2.1.6 Earnings per share (2 Marks)2.1.7 Dividend yield (2 Marks)2.2 Comment on the acid-test ratio, gross margin ratio and average payment period ratiothat were calculated for 2023 and 2022.(6 Marks)

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