QUESTION 5 20 MARKS REQUIRED Use the information provided in Question 4 to answer the following questions. 5.1 Calculate the following ratios for 2022. Express the answers to two decimal places. 5.1.1 Profit margin (Net profit margin) (2 marks) 5.1.2 Debtor collection period (2 marks) 5.1.3 Inventory turnover (2 marks) 5.1.4 Return on assets (2 marks) 5.1.5 Acid-test ratio (2 marks) 5.1.6 Debt to assets (2 marks) 5.1.7 Return on equity (2 marks) 5.2 Comment on the return on equity calculated in question 5.1.7. (4 marks) 5.3 Refer to the appropriate ratio in question 5.1 to explain whether the company will be able to pay its short-term debts when business conditions are not favourable. (2 marks) Havenside Limited's Statement of Comprehensive Income for the year ended 31 December 2022 and Statement of Financial Position as at 31 December 2021 and 2022 are as follows: STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2022 porting \%20and\%20Analysis\%20Supplementary\%200SA\%20(1).pdf STATEMENT OF FINANCIAL POSITION AS AT 31 DECEMBER: \begin{tabular}{|c|} \hline 2021 \\ \hline R \\ \hline 2200000 \\ \hline 964000 \\ \hline 1236000 \\ \hline 660000 \\ \hline 176000 \\ \hline 424000 \\ \hline 60000 \\ \hline 2860000 \\ \hline \hline \\ \hline \hline 600000 \\ \hline 104000 \\ \hline \hline 04000 \\ \hline \\ \hline \end{tabular} Additional information 1. Additional plant and machinery were purchased during 2022. There were no other non-current asset acquisitions or disposals. Depreciation for the year ended 31 December 2022 amounted to R316 000. 2. An interim dividend of R200000 was paid on ordinary shares during the year. 3. The retum on equity for 2021 was 18%