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 (2 marks)

5.1.2 Creditor payment period (2 marks)

5.1.3 Return on assets (2 marks)

5.1.4 Debt to assets (2 marks)

5.1.5 Dividend per share (2 marks)

5.1.6 Current ratio (2 marks)

5.1.7 Earnings yield (2 marks)

5.2 Comment briefly but meaningfully on the following ratios which have been calculated:

5.2.1 Profit margin (Net profit margin) (2 marks)

5.2.2 Acid test ratio (2 marks)

5.2.3 Return on equity