Financial statement analysis is an indispensable skill for evaluating companies$$ financial health and performance. This is a key tool for investors, credit analysts, corporate managers, and regulators. In Ghana, the financial statements of companies listed on the Ghana Stock Exchange $($GSE$)$ are publicly available, offering an opportunity to assess the financial well being of some of the country$$s most significant corporations across sectors$,$ such as banking, manufacturing, oil and gas, and telecommunications. Despite the availability of financial data, Ghana has witnessed significant corporate failure in recent years. High$-$profile examples include the collapse of several banks and financial institutions, prompting regulatory interventions and reforms. Key contributing factors have been linked to poor governance practices, inadequate financial risk assessments, and the misinterpretation of financial data. These failures have shaken public confidence and raised concerns among key stakeholders about the effectiveness of financial statement analysis. For instance, during the banking sector crisis, some institutions appeared solvent on paper but collapsed because of hidden liabilities, poor liquidity management, and governance lapses. Investors and analysts who relied solely on surface$-$level financial data missed early warning signals embedded in ratios, such as the debt$-$to$-$equity ratio, interest coverage ratio, and current ratio. Question: a$)$ Select only one of the listed firms on the Ghana Stock Exchange $($GSE$)$ and use its most recent $(2022$ and $2023)$ financial statements to perform the following: i$.$ Calculate the financial ratios below: $$ Profitability Ratios: Return on Capital Employed, Return on Assets $($ROA$),$ Return on Equity $($ROE$),$ Net profit margin, Gross profit Margin $$ Liquidity Ratios: Current Ratio, Quick Ratio, Cash Ratio $$ Solvency Ratios: debt$-$to$-$equity ratio, interest coverage ratio, and debt$-$to$-$asset ratio $$ Efficiency Ratios: Asset Turnover Ratio, inventory turnover ratio$/$days$,$ Payables turnover$/$days$,$ receivables turnover$/$days $$ Investment Ratio: Earnings per Share, price$-$to$-$earnings ratio, earnings yield, dividend per share ii$.$ Perform both common$-$based analysis $($year$-$over$-$year trends$)$ and common$-$size analysis $($percentage of total assets or revenue$).$ iii. Calculate the Altman Z$-$Score of the Company Listed Firms to choose from: $1.$ MTN Ghana $2.$ Produce Buying Company $($PBC$)3.$ GOIL PLC $4.$ Fan Milk Limited $5.$ Access Bank Ghana Plc $6.$ Sam Wood Ltd$.$b$)$ Based on your calculations, prepare a detailed report analyzing the financial performance and position of the selected company. Your report should: $$ Provide an overview of the industry in which the company operates and highlight the background of the company. $$ Interpret the calculated ratios and highlight key trends and findings. $$ Identify strengths, risks, and areas of concern in a company's financial health. $$ Using the Altman Z$-$ Score analyze the position of the selected company $$ Identify and analyze the Corporate Governance and theoretical issues based on the calculations and other information from the selected company annual report. c$)$ Propose actionable recommendations for the management of the selected company to improve its financial performance and effectively address any identified risks. Hint: $1.$ Ensure that all detailed calculations $($ratios$,$ common$-$base analysis, common$-$size analysis, and Altman Z$-$score$)$ are included in the appendix of your report. In addition, clearly label and organize your appendix for easy reference. $2.$ Use the selected company$$s current market price on the GSE to calculate the price$-$to$-$ earnings ratio.