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Question 3 (20 marks) Techno Steel (Pty) Lld is a manufacturer of various steel products....

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Accounting

imageimageimageimageimage Question 3 (20 marks) Techno Steel (Pty) Lld is a manufacturer of various steel products. The comparry is considering additional plant investments at the moment. The company has been successful for many years, with the results of 2022 being reminiscent of their performance. As the Cost Accountant of Techno Steel (Pty) Ltd, you compiled the following statement of Financial Position as at 31 August 2022 You also compiled the following statement of Comprehensive Income for the year ended 31 Auaust 2022 Note: key figures as at 31 August 2020: Calculate the following ratios for 2022 and 2021: Show all formula and calculations: 3.1 Net profit percentage 3.2 Return on assets 3.3 Return on average equity 3.4 Gross profit percentage 3.5 Debtors collection period (4 marks) (4 marks) (4 marks) (4 marks) (4 marks) (Note to the student: show all calculations to earn full marks) 3.1 Net profit percentsge (4 mark) 32 Return on assets (4 mark) 3.3 Robum on avernge equity marke! 3.4 Groas mergin mancel 3.5 Debbors collection period merks

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