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 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 Retum 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 FORMULA SHEET \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Gross profit & x & 100 & Total debt & X & 100 & & \\ \hline Sales & & 1 & Total assets & & 1 & & \\ \hline Profit after tax & x & 100 & Non-current debt & x & 100 & & \\ \hline Sales & & 1 & Equity & & 1 & & \\ \hline Operating profit & x & 100 & Operatin & profit & & & \\ \hline Total assets & & 1 & Interest & pense & & & \\ \hline Profit after tax & x & 100 & Profit after & & x & 100 & \\ \hline Equity & & 1 & No. of ordinary sha & is isu & & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assets } & \multicolumn{2}{|c|}{ Dividends for the year } & X & 100 & \\ \hline \multicolumn{3}{|c|}{ Current liabilities } & \multicolumn{3}{|c|}{ No. of ordinary shares issued } & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assets - Inventory } & \multicolumn{3}{|c|}{ Market price per share } & & \\ \hline \multicolumn{3}{|c|}{ Current liabilities } & \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 per share } & & 1 \\ \hline Accounts receivable & x & 365 & Dividen & per sh & & x & 100 \\ \hline Credit sales & & 1 & Market pr & epers & & & 1 \\ \hline Accounts payable & x & 365 & & & & & \\ \hline Credit purchases & & 1 & & & & & \\ \hline \end{tabular} 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 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 Retum 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 FORMULA SHEET \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Gross profit & x & 100 & Total debt & X & 100 & & \\ \hline Sales & & 1 & Total assets & & 1 & & \\ \hline Profit after tax & x & 100 & Non-current debt & x & 100 & & \\ \hline Sales & & 1 & Equity & & 1 & & \\ \hline Operating profit & x & 100 & Operatin & profit & & & \\ \hline Total assets & & 1 & Interest & pense & & & \\ \hline Profit after tax & x & 100 & Profit after & & x & 100 & \\ \hline Equity & & 1 & No. of ordinary sha & is isu & & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assets } & \multicolumn{2}{|c|}{ Dividends for the year } & X & 100 & \\ \hline \multicolumn{3}{|c|}{ Current liabilities } & \multicolumn{3}{|c|}{ No. of ordinary shares issued } & 1 & \\ \hline \multicolumn{3}{|c|}{ Current assets - Inventory } & \multicolumn{3}{|c|}{ Market price per share } & & \\ \hline \multicolumn{3}{|c|}{ Current liabilities } & \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 per share } & & 1 \\ \hline Accounts receivable & x & 365 & Dividen & per sh & & x & 100 \\ \hline Credit sales & & 1 & Market pr & epers & & & 1 \\ \hline Accounts payable & x & 365 & & & & & \\ \hline Credit purchases & & 1 & & & & & \\ \hline \end{tabular}