KT partners, a Hong Kong based small private equity firm are considering investing in JL Foods plc. However, in the light of recent global socio-political developments, the firm is concerned about the suitability of the investment and have solicited your services as an advisor. Your opinion needs to be provided in the form of a report, limited to 1000 words, and addressed to Ben Burns, the CEO of KT partners. It should analyse the above financial statements using the various ratios introduced on the module and any other research deemed necessary. The ratios need to be presented in the form of a table, as part of the appendices and do not count toward the word limit. (60 marks) b) Your colleague is very dismissive of your analysis and argues that profits/losses are nothing more than constructions of an accountant. They are based on what the accountant can and chooses to, measure, and should not therefore be the basis for judging a company.