Refer to the financial report of Beximco Pharmaceuticals 2019-2020 available here:

http://beximco-pharma.com/investor/bpl-annual-report-2019-2020.pdf

1. Based on the information provided, calculate and interpret their cash-to-revenue ratio for 2018-2019 and 2019-2020. Here you ONLY need to show the calculation, NO interpretation is necessary in this part.

2. Based on the information provided, calculate and interpret their cash-to-income ratio for 2018-2019 and 2019-2020. Here you ONLY need to show the calculation, NO interpretation is necessary in this part.

3. Based on your calculation is part 2.1 and 2.2, comment on the quality of their earnings by analyzing the relationship between their CFO, revenue, and income. You can refer to additional information in the annual report for strengthening your analysis. Limit your answer strictly within 150 words.