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

$5\mathrm{.}1\mathrm{.}2$ Inventory turnover

$5\mathrm{.}1\mathrm{.}3$ Debtor collection period

$5\mathrm{.}1\mathrm{.}4$ Creditor payment period

$5\mathrm{.}1\mathrm{.}5$ Return on assets

$5\mathrm{.}1\mathrm{.}6$ Acid$-$test ratio

$(2$ marks$)$

$(2$ marks$)$

$(2$ marks$)$

$(2$ marks$)$

$(2$ marks$)$

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}7$ Earnings per share

$(2$ marks$)$

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

$\backslash$table$[[,,2023,2022],[5\mathrm{.}2\mathrm{.}1,$Return on equity,$28\mathrm{.}21\%,32\mathrm{.}56\%$