Cash Converters is the biggest payday lender in Australia which is also a public company listed on the Australian Stock Exchange. In November 2015, a class action was launched against Cash Converters for exploiting and trapping thousands of vulnerable low-income customers in a cycle of debt by charging extortionate interest rates up to 633% per annum and excessive fees on short-term loans. You are required to: (i) Provide an analysis of the issue faced by Cash Converters under the relevant ethical theories, and code of ethics for professional accountants. (ii) Explain how this unethical practice was portrayed in the annual report of Cash Converters, and how the company’s share price was affected? (iii) Discuss the social responsibility and sustainability of a financial institutions, in general and of Cash Converters, in particular.