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REQUIRED 2.1 Calculate the ratios that reflect the following for 2022 only. Express the answers to two decimal places. 2.1.1 The percentage of profit on sales that the company produced from its operations prior to considering operating expenses, other income, interest and taxes. ( 2 marks) 2.1.2 The amount of money each share would receive if all the profits are distributed to the outstanding shares at the end of the financial year. ( 2 marks) 2.1.3 A measure of the company's ability to pay its short-term obligations within one year using only its most liquid current assets. ( 2 marks) 2.1.4 The profitability ratio which measures how efficiently the company can generate profits from its capital employed. ( 2 marks) 2.1.5 A measure of the proportion of the profit atter tax that is kept back in the company as retained earnings. ( 2 marks) 2.2 Comment on the following ratios that have been calculated for 2022 and 2021: 0 marks) INFORMATION Extracts of the financial statements of Amber Limited for 2022 and 2021 are given below. Profit after tax 420000 Additional information: - Current assets as at 31 December 2022 indude inventories of R1 200000 . - Total dividends for 2022 amounted to R336 000 . - The authorised share capital consists of 1000000 ordinary shares of which 600000 have been issued to date

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