REQUIRED Use the information provided in QUESTION 4 to answer the following questions: 5.1 Calculate the following ratios (expressed to two decimal places) for 2022 only. Note: Use formulas provided in the formula sheet only (that appear after QUESTION 5). 5.1.1 Gross margin 5.1.2 Dividend per share 5.1.3 Return on assets 5.1.4 Current ratio 5.1.5 Acid test ratio 5.1.6 Debt to equity 5.1.7 Creditor payment period (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) 5.2 Comment on the following ratios: FORMULA SHEET \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Gross profit & \begin{tabular}{|l|l|} x \\ \end{tabular} & 100 & Total debt & x & 100 & & \\ \hline Salas & & 1 & Total assats & & 1 & & \\ \hline Profit after tax & \begin{tabular}{|l|l|} x \\ \end{tabular} & 100 & Non-current debt & x & 100 & & \\ \hline Salas & & 1 & Equity & & 1 & & \\ \hline Operating profit & x & 100 & Operatin & profit & & & \\ \hline Total assets & & 1 & Interest e & pense & & & \\ \hline Profit after tax & \begin{tabular}{|l|l|} x \\ -1 \end{tabular} & 100 & Profit after & & x & 100 & \\ \hline Equity & & 1 & No. of ordinary sha & s issu & & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assats } & \multicolumn{2}{|c|}{ Dividends for fhe year } & x & 100 & \\ \hline \multicolumn{3}{|c|}{ Current liabilfies } & \multicolumn{3}{|c|}{ No. of ordinary shares issued } & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assats - Inventory } & \multicolumn{3}{|c|}{ Market price per share } & & \\ \hline \multicolumn{3}{|c|}{ Current labilities } & \multicolumn{3}{|c|}{ Earnings per share } & & \\ \hline \multicolumn{3}{|c|}{ Cost of sales } & \multicolumn{3}{|c|}{ Earnings per share } & X & 100 \\ \hline \multicolumn{3}{|c|}{ Average inventory } & \multicolumn{3}{|c|}{ Market price par share } & & 1 \\ \hline Accounts receivable & x & 365 & Dividend & per sh & & x & 100 \\ \hline Credit sales & & 1 & Market pri & par s & & & 1 \\ \hline Accounts payabla & x & 365 & & & & & \\ \hline Credit purchases & & 1 & & & & & \\ \hline \end{tabular} REQUIRED Use the information provided in QUESTION 4 to answer the following questions: 5.1 Calculate the following ratios (expressed to two decimal places) for 2022 only. Note: Use formulas provided in the formula sheet only (that appear after QUESTION 5). 5.1.1 Gross margin 5.1.2 Dividend per share 5.1.3 Return on assets 5.1.4 Current ratio 5.1.5 Acid test ratio 5.1.6 Debt to equity 5.1.7 Creditor payment period (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) (2 marks) 5.2 Comment on the following ratios: FORMULA SHEET \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Gross profit & \begin{tabular}{|l|l|} x \\ \end{tabular} & 100 & Total debt & x & 100 & & \\ \hline Salas & & 1 & Total assats & & 1 & & \\ \hline Profit after tax & \begin{tabular}{|l|l|} x \\ \end{tabular} & 100 & Non-current debt & x & 100 & & \\ \hline Salas & & 1 & Equity & & 1 & & \\ \hline Operating profit & x & 100 & Operatin & profit & & & \\ \hline Total assets & & 1 & Interest e & pense & & & \\ \hline Profit after tax & \begin{tabular}{|l|l|} x \\ -1 \end{tabular} & 100 & Profit after & & x & 100 & \\ \hline Equity & & 1 & No. of ordinary sha & s issu & & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assats } & \multicolumn{2}{|c|}{ Dividends for fhe year } & x & 100 & \\ \hline \multicolumn{3}{|c|}{ Current liabilfies } & \multicolumn{3}{|c|}{ No. of ordinary shares issued } & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assats - Inventory } & \multicolumn{3}{|c|}{ Market price per share } & & \\ \hline \multicolumn{3}{|c|}{ Current labilities } & \multicolumn{3}{|c|}{ Earnings per share } & & \\ \hline \multicolumn{3}{|c|}{ Cost of sales } & \multicolumn{3}{|c|}{ Earnings per share } & X & 100 \\ \hline \multicolumn{3}{|c|}{ Average inventory } & \multicolumn{3}{|c|}{ Market price par share } & & 1 \\ \hline Accounts receivable & x & 365 & Dividend & per sh & & x & 100 \\ \hline Credit sales & & 1 & Market pri & par s & & & 1 \\ \hline Accounts payabla & x & 365 & & & & & \\ \hline Credit purchases & & 1 & & & & & \\ \hline \end{tabular}