QUESTION 2 (25 Marks) REQUIRED Calculate the appropriate ratios (expressed to two decimal places) and provide an interpretation of your answers for each of the following over the two-year period: 2.1 The effectiveness of the company regarding the management of its accounts payable. (5 marks) 2.2 The ability of the company to settle its short-term debts under distress conditions. (4 marks) 2.3 The percentage of the profit that has been retained in the company. (4 marks) 2.4 The profitability of the company from the point of view of the shareholders. (4 marks) 2.5 A measure of the efficiency with which the total assets of company are managed. (4 marks) 2.6 The effectiveness of the credit administration of the company in respect of its customers who purchase on credit. (4 marks) QUESTION 3 (25 Marks) REQUIRED Refer to the forecasts made by the financial manager for 2023 and calculate the following independently. As far as possible, use the contribution margin format of the income statement to present your answers. (5 marks) 3.1. Break-even quantity. 3.2 The sales value required to make an operating profit of R2016 000, by using the contribution margin ratio. (5 marks) 3.3 The percentage change in the operating profit (expressed to two decimal places), if the selling price and fixed costs increase by \10. (5 marks) 3.4 The total Contribution Margin and Operating Profit/Loss if the sales volume is \10 below expectation. (5 marks) 3.5 The selling price per unit (expressed in rands and cents) that will enable the company to break even. \\( (5 \\) marks) QUESTION 2 (25 Marks) REQUIRED Calculate the appropriate ratios (expressed to two decimal places) and provide an interpretation of your answers for each of the following over the two-year period: 2.1 The effectiveness of the company regarding the management of its accounts payable. (5 marks) 2.2 The ability of the company to settle its short-term debts under distress conditions. (4 marks) 2.3 The percentage of the profit that has been retained in the company. (4 marks) 2.4 The profitability of the company from the point of view of the shareholders. (4 marks) 2.5 A measure of the efficiency with which the total assets of company are managed. (4 marks) 2.6 The effectiveness of the credit administration of the company in respect of its customers who purchase on credit. (4 marks) QUESTION 3 (25 Marks) REQUIRED Refer to the forecasts made by the financial manager for 2023 and calculate the following independently. As far as possible, use the contribution margin format of the income statement to present your answers. (5 marks) 3.1. Break-even quantity. 3.2 The sales value required to make an operating profit of R2016 000, by using the contribution margin ratio. (5 marks) 3.3 The percentage change in the operating profit (expressed to two decimal places), if the selling price and fixed costs increase by \10. (5 marks) 3.4 The total Contribution Margin and Operating Profit/Loss if the sales volume is \10 below expectation. (5 marks) 3.5 The selling price per unit (expressed in rands and cents) that will enable the company to break even. \\( (5 \\) marks)