Required:

Calculate the ratios $($a$)$ to $($h$)$ for the year $2023.($Note: as shown in the table above, the ratios for $2022$ have been calculated.$)$ Also, analyse the ratios and provide:

$$ causes for and effects of the increase$/$decrease between the year $2022$ and $2023$ financial years; and

$$ ways of improving the financial ratios.

Note: for the efficiency ratios, use average debtors, inventory and creditors amounts. Round off all answers to $2$ decimal places. Show all workings and formulae used.