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Nectar Limited's management is concerned about the way in which the company will be financed. The three alternative plans that have been proposed are shown below: Non-current Assets Current assets Share capital and reserves Non-current Liabilities (12.50%) Current Liabilities Plan 1 N$'000 60 000 33 750 48 750 3.1 3.2 11 250 33 750 Plan 2 N$'000 60 000 33 750 71 250 22 500 Plan 3 N$'000 60 000 33 750 48 750 33 750 11 250 The finance manager indicated that the company could borrow short-term at an interest rate of 11% and 40% of the current liabilities are funded through it. He further indicated that sales are expected to be N$375 000 000 and earnings before interest and taxes will be N$60 000 000 irrespective the plan chosen. The current tax rate applicable in Namibia is 30% for companies. Required: Calculate the statement of profit and loss for each plan. T/TA (6) Calculate the current ratio, net working capital, debt ratio, debt-equity ratio, and return on equity for each plan. Is TBI/TE(7) 3.3 Compare the risk and return associated with each plan, clearly indicate which (7) plan the company should consider and why.