Emperor Limited, a Hong Kong listed company, published its annual reports for the year ended 31 December 2019. During 2019, Emperor acquired a subsidiary. Emperor disclosed non-controlling interests of HK$991 million in its consolidated statement of financial position as at 31 December 2019, and profit for the year attributable to non-controlling interests of HK$71 million in its consolidated statement of profit or loss. Emperor adopts Hong Kong Financial Reporting Standards. HKFRS 3 (Revised) Business Combinations requires that the non-controlling interests in the acquiree at acquisition date is measured either at fair value or the non-controlling interests' proportionate share of the acquiree's identifiable net assets.

Required: If you are the CEO of Emperor Limited, which measurement method would you like to choose? Justify your choice by discussing the impact of each method on the following financial ratios or items: a. total assets, b. total equity, c. net profit after tax, d. return on assets, and e. debt/equity ratio.