5. Following information is available for two companies. Analyze the information and answer the questions: a. M G Industries manufactures various types of industrial chemicals. The company had a total asset turnover of 2.5 times for the year ended 31st March 2019. The sales for the year were 35,50,000. Total assets were 12,35,890 as on 31st March 2018. Assume that compared to 31st March 2019, total assets were projected to increase by 12% by 31st March 2020. The company projected a total asset turnover of 2.8 times for the year ending 31st March 2020. Given this information, what are the projected sales for year ending 31st March 2020? b. An airline company has taken many aircrafts on lease. Its EBIT for the year ended 31st March 2019 was 124.68 crores. Interest coverage ratio was impressive at 5.6 times. However its fixed charges coverage ratio was only 1.4 times. The fixed charges were lease rentals for the aircrafts. Given this information, calculate the lease rentals for the year.