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QUESTION 5 REQUIRED Calculate the following ralios for 2022 (expressed to two decimal places) and in each case stale whether the rabo for the company is better or worse than the industry average. The ralios for the industry are provided in brackets. Note: Use formulas provided in the formula sheet only that appear after QUESTION 5), 5.1 Gross profit margin (Industry: 40.25%/ 50 Trade payables average number of days (Industry: 59.45 days) Retum on capital employed industry: 10.58) Operating profit margin (Industry: 21.62%) Acid best ratio (Industry: 0.97:1) Debt to equity Industry: 66.79%) Inventory average number of days (Industry: 55 days) INFORMATION Haiden Limited Extract of Statement of Comprehensive Income for the year ended 31 December 2022 Sales Cost of sales Operating profit Profit before interest and tax Profit before tace Company tax (20 Marks) 13 marks (3 marks) 13 marks) (2 marks (3 marks) (3 marks) (3 marks) R 1 920 000 1 200 000 460 000 390 000 109 200

QUESTION 5 REQUIRED Calculate the folowing ralos for 2002 (expresied to tao deciral places) and in ouch case stale whether the rato for the compary is becer of worse tran the indsaly average. The ratios for he industry are provided in brackats. Note. Use formulas provided in the formula sheot only that acgeas ahir QuEStions5) (3 mais) 5.1 Gosis profit margin (andusty. 40.25:5) (3 muls) 5.2 Trase payabies average fumber of da/s (hasty 5945das ) (3 mats) 5.3. Retum on capta erplojed (ndasty 10.56K. (2) mata) (3) mak) 5.5. Acid test rabo (industry 097.1 ) (1) makal 56 Dett bequify (industry 66.756 ) (3) mass) 5.1 Imertory average rumber of dxy (haider 55 diny) Note: purchases of ieventaies for the inancil year ended which 90% was on credl. Condinors grant andit tems of 60 days. ED OF PAPER

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