An analyst is evaluating the solvency of a JSE listed company as of the beginning of 2000 . The following data are gathered from the company's 2019 annual report (in ZAR billions): After analysing the above financial report, answer the following: 3.1 Calculate the company's financial leverage ratio for fiscal year 2019. (2) 3.2 Interpret the financial leverage ratio calculated in question 3.1. 3.3 Calculate the company's debt-to-assets, debt-to-capital, and debt-to-equity ratios for the two years. 3.4 Discuss any noticeable trend over the two years