Once you have selected a company, use their 2019 or 2020 annual financial statements to determine whether
Question:
Once you have selected a company, use their 2019 or 2020 annual financial statements to determine whether you would invest in this company or not. (Financial statements can be found by searching online, using the SEDAR website, or directly on the company’s website). Please use concepts that we have covered in the course such as profitability, ratio analysis (profitability/liquidity/solvency) and/or financial analysis (vertical/horizontal) to support your decision. There should be two components to your response:
• Calculations/numerical analysis (10 marks)
• Written response (10 marks) analysing your findings and concluding on your decision on whether or not you would invest in the company.
Your response should be recorded using a Microsoft Word document. Please take a screenshot of the financial statements that you are using in your analysis and include these as pictures at the end of the word document.
Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry