3a) Interpretation of financial ratios / analysis (30 Marks) Interpret and explain the following financial ratios as to the health of this company, and what recommendations would you make to the Directors. Hint: explain in terms of the ratios 'types'. 3b) Property, Plant and Equipment Reporting (20 Marks) Consider the following disclosure note: 'Property, Plant and Equipment: Treatment of inactive sites From time to time, the GrainCorp decides to close or suspend operations at certain sites based on consideration of market and other relevant factors. These sites can become operational in future periods. Impairment assessments are conducted for these inactive sites by comparing the carrying value of the assets with the recoverable value calculated at the higher of fair value less cost to sell or value in use. The carrying value of such sites as at 30 September 2022 amounts to $7.3 million (2021: $7.8 million). Management has additionally considered the impact of climate related events on reviews for impairments and has concluded that there is no material impact on impairment testing. Stephen, the Chairperson requires an explanation (memo format) of this disclosure comment and seeks an explanation of why such a disclosure is required, what do they actually mean, and why should climate change reporting be required on PPE impairments