3. Supreme Biotech Ltd (SBL) is making headlines due to its impressive performance in last few years. The company aggressively spends on R&D and analysts are confident that this spending will further boost the company's growth. Profit and Loss Account for year ending 31" March 2019 and Balance Sheets as on 31 March 2018 and 2019 are given below. Analyze the financial statements and calculate the ratios as given below. 56000 362250 232200 147550 798000 P & L Account for Year ending 31 March 2019 Balance Sheet 2018 2019 Revenue 900000 Cash & Bank 47000 Production expenses 360000 Receivables 315000 Employee cost 82000 Inventory 215000 R & D Expenses 90000 PP & E 89000 Other expenses 145000 Total Assets 666000 EBIDTA 223000 Depreciation 56000 Equity Capital 76000 EBIT 167000 Retained Earnings 122000 Interest Expense 33000 Long term debt 245000 134000 Creditors 223000 Tax 40200 Equity & Total Liabilities 666000 | 93800 76000 192400 252350 277250 798000 PBT Note: During the year P P & E worth 147800 was purchased. Accumulated depreciation at the beginning of the year on entire PP & E was 35600. One machine was sold in December 2018 which had accumulated depreciation of 17200. Calculate, for the year ended 31st March 2019 a) ROE b) Average collection period c) Dividends to equity holders d) Book value PP & E sold during in December 2018 e) Working capital turnover ratio