Pondi Ltd had the following information for the recently concluded fiscal year. 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