Question: QUESTION 5 20 MARKS REQUIRED Use the information provided in Question 4 to answer the following questions: 5.1 Calculate the following ratios for 2021 only.



QUESTION 5 20 MARKS REQUIRED Use the information provided in Question 4 to answer the following questions: 5.1 Calculate the following ratios for 2021 only. Express the answers to two decimal places. 5.1.1 Inventory turnover 5.12 Creditor payment period 5.1.35.1.45.1.55.1.65.1.7RetumonassetsDebttoassetsDividendpershaCurrentratioEarningsyield ( 2 marks) ( 2 marks) (2 marks) ( 2 marks) ( 2 marks) ( 2 marks) ( 2 marks) 5.2 Comment briefly but meaningfully on the following ratios which have been calculated: 52.1 Profit margin (Net profit margin) ( 2 marks) 522 Acid test ratio ( 2 marks) 523 Retum on equity (2 marks) (20 MARKS) REQUIRED Use the information provided below to prepare the Cash Flow Statement of Nascar Limited for the year ended 31 December 2021. INFORMATION The following Information was extracted from the records of Nascar Limited for the past two years: STATENENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER: STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER: QUESTION 5 20 MARKS REQUIRED Use the information provided in Question 4 to answer the following questions: 5.1 Calculate the following ratios for 2021 only. Express the answers to two decimal places. 5.1.1 Inventory turnover 5.12 Creditor payment period 5.1.35.1.45.1.55.1.65.1.7RetumonassetsDebttoassetsDividendpershaCurrentratioEarningsyield ( 2 marks) ( 2 marks) (2 marks) ( 2 marks) ( 2 marks) ( 2 marks) ( 2 marks) 5.2 Comment briefly but meaningfully on the following ratios which have been calculated: 52.1 Profit margin (Net profit margin) ( 2 marks) 522 Acid test ratio ( 2 marks) 523 Retum on equity (2 marks) (20 MARKS) REQUIRED Use the information provided below to prepare the Cash Flow Statement of Nascar Limited for the year ended 31 December 2021. INFORMATION The following Information was extracted from the records of Nascar Limited for the past two years: STATENENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER: STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER
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