a) Calculate Pondi Ltd's Return on Investment for the recently concluded fiscal year. ( 2 marks) b) Calculate Pondi Ltd's Price - to - Earnings (PE) ratio. (3 marks) c) Additionally, the company had an equity multiplier of 1.3. The CFO thinks it's possible to reduce the company's assets by R 120500 without affecting either sales or costs. If the company reduces its assets by this amount while keeping the debt-toassets ratio, sales and costs constant, by how much will the ROE change? ( 5 marks)