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BUS106 Accounting For Business

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Question:

You have randomly been assigned an Australian publicly listed company. This list is located on blackboard under the Task 2 assessment folder.

You are required to access the financial statements of this company for the last two reporting financial years and complete the following requirements:

Requirement 1: Provide a brief description/ overview of your company in your own words.

Requirement 2: Calculate the ratio for your company for the last two reporting years and show all your workings:

  • Current Ratio
  • Quick Ratio
  • Gross Profit Margin
  • Return on Equity
  • Return on Assets

Requirement 3: In your own words, using appropriate references, provide a definition of each of your ratios.

Requirement 4: State what each of these ratios say about your company with reference to appropriate benchmarks that you should have identified above in your definitions.

Requirement 5: Choose another company within the same industry as your company and calculate and define the days inventory ratio for your company and the chosen company. How does your company inventory management practices compare to the chosen company?

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My Assignment Help (2021) Accounting For Business [Online]. Available from: https://myassignmenthelp.com/free-samples/bus106-accounting-for-business/australian-accounting-standards.html
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My Assignment Help. Accounting For Business [Internet]. My Assignment Help. 2021 [cited 19 April 2021]. Available from: https://myassignmenthelp.com/free-samples/bus106-accounting-for-business/australian-accounting-standards.html.


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