Question: REQUIRED - Study the information provided below and prepare the Cash Flow Statement of Diamond Limited for the year ended 31 December 2021. Info: Diamond

 REQUIRED - Study the information provided below and prepare the Cash

REQUIRED - Study the information provided below and prepare the Cash Flow Statement of Diamond Limited for the year ended 31 December 2021. Info: Diamond LIMITED STATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2021 Additional information i Selling and administrative expenses include the following: Depreciation on buildings R270 000 Depreciation on plant and machinery R450 000 P Property, plant and equipment were purchased during the year but there were no disposals. Total dividends for the year ended 31 December 2021 amounted to R810000. 750000 ordinary shares were issued by the company. All purchases and sales of inventories were on credit. The market price of each Diamond Limited share was R10 on 31 December 2021. REQUIRED Use the information provided in above information to answer the following questions: Calculate the following ratios for 2021 only. Express the answers to two decimal places. 1 Inventory turnover 2 Debtors collection period 3 Creditors payment period 4 Earnings yield 5 Dividend yield 6 Acid test ratio 7 Debt to equity

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