QUESTION $5$

$(20$ Marks$)$

REQUIRED

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

$5\mathrm{.}1$ Calculate the following ratios for $2023$ only. Note: Use the formulas provided in the formula sheet

only $($that appear after QUESTION $5).$ The answers to the ratios must be expressed to two decimal

places and be fully stated e$.$g$.2\mathrm{.}15$:$1$; $24\mathrm{.}67\%$ etc.

$5\mathrm{.}1\mathrm{.}1$ Gross margin

$(2$ marks$)$

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

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}3$ Acid test ratio

$5\mathrm{.}1\mathrm{.}4$ Return on assets

$(2$ marks$)$

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}5$ Debt to assets

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}6$ Dividend per share

$(2$ marks$)$

$5\mathrm{.}1\mathrm{.}7$ Debt to equity

$(2$ marks$)$

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