Question 3 The following information relates to the business of One Beauty, and the owner is concerned about the profitability and financial structure of his business at 30 June 2022, especially since the bank is requiring repayment of the business's overdraft. 30 June 2021 Revenue (sales on credit) Cost of sales 30 June 2022 $70 000 49 750 Other expenses 18 250 Cash and cash equivalents (16 000) Inventories 27 250 18 500 Trade accounts receivable (net) 25 000 14 000 Non-current assets (net) 38 500 9 250 Trade accounts payable B. Beauty, capital Non-current liabilities 54 000 11 500 Required (a) Calculate the following ratios for 2022: i. Profit Margin ii. Return on Proprietor's Capital Current Ratio iii. Quick Ratio Inventory Turnover. iv. V. ALTAT. 4 L:1: 60 000