Question: Use the information provided in QUESTION 4 to answer the following questions. 5.1 5.1.1 Calculate the following ratios for 2021 only. Express the answers to

Use the information provided in QUESTION 4 to answer the following questions. 5.1 5.1.1 Calculate the following ratios for 2021 only. Express the answers to two decimal places. Inventory turnover (2 marks) 5.1.2 Creditors payment period (2 marks) 5.1.3 Return on equity (2 marks) 5.1.4 Debt to assets (2 marks) 5.1.5 Price/Earnings ratio (2 marks) 5.1.6 Acid test ratio (2 marks) 5.1.7 Dividend yield (2 marks) 12 5.2 Comment briefly but meaningfully on the following ratios (comparative figures are provided in brackets): 5.2.1 Gross margin (2021: 51.21%; 2020 : 60.45 %) (2 marks) 5.2.2 5.2.3 Return on assets (2021 : 25,56 % ; 2020 : 30.42%) Current ratio (2021: 1.20:1; 2020: 1.07:1) (2 marks) (2 marks)

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