QUESTION $5(20$ Marks$)$

REQUIRED

Use the information provided in Question $4$ to answer the following:

$5\mathrm{.}1$ Calculate the following ratios $($expressed to two decimal places$)$ for $2023$ only. Note: Use the

formulas provided in the formula sheet only $($that appear after QUESTION $5).$

$5\mathrm{.}1\mathrm{.}1$ Profit margin $(2$ marks$)$

$5\mathrm{.}1\mathrm{.}2$ Inventory turnover $(2$ marks$)$

$5\mathrm{.}1\mathrm{.}3$ Debtor collection period $(2$ marks$)$

$5\mathrm{.}1\mathrm{.}4$ Creditor payment period $(2$ marks$)$

$5\mathrm{.}1\mathrm{.}5$ Return on assets $(2$ marks$)$

$5\mathrm{.}1\mathrm{.}6$ Acid$-$test ratio $(2$ marks$)$

$5\mathrm{.}1\mathrm{.}7$ Earnings per share $(2$ marks$)$

$5\mathrm{.}2$ Comment briefly but meaningfully on the following ratios:

$20232022$

$5\mathrm{.}2\mathrm{.}1$ Return on equity $28\mathrm{.}21\%32\mathrm{.}56\%(2$ marks$)$

$5\mathrm{.}2\mathrm{.}2$ Current ratio $1\mathrm{.}20$:$11\mathrm{.}07$:$1(2$ marks$)$

$5\mathrm{.}2\mathrm{.}3$ Debt to assets $35\mathrm{.}27\%32\mathrm{.}29\%(2$ marks$)$

END OF PAPER