REQUIRED Using the companys most recent Annual Report provided on the corporate Website you are required to prepare a business report that appraises its financial posiNon The report must be in appropriate format see the example cases provided You should analyse the raos and conclude on whether the company is at risk of failure ie bankruptcy or not in your opinion The content of the report must fulfil the following IntroducNon The introduction which should be fairly short should explain the purpose and structure of the report Do not forget to provide a Table of Contents at the start 100 to 150 words Part A Based solely on the contents of the Annual Report and working independently use ratio analysis to include profitability liquidity eciency and investor raNos to appraise the operang performance and financial position of the company Using academic textbooks or website sources you should briefly define each of the raos used Use quotaon marks and provide Harvard referencing to all sources You should calculate a maximum of twelve raos for the current and previous years sub divided into the four rao types so you may need to make choices You should include the investor raos that require you to research share price informaon Share price informaon is usually available via a link on the company website You may also provide trend analysis if the Annual Report or company website provides a five year summary Show the formulae used and the rao calculaons in a Table in the Appendix Provide summary tables of the raos within the main body of the business report Part A is intended to allow you to show your own ideas using the standard framework taught in class for financial statement analysis As well as calculang and describing the raos you should look behind the raos at informaon provided in the Annual Report both numerical and narrave to see if you can idenfy the reasons for changes in the raos over the two years This informaon may be in the Notes to the Accounts especially the breakdown of the figures on the face of the financial statements or elsewhere including commentary provided in the Directors Report Chairmans Statement etc Your analysis should be well presented and structured with logical and easyto follow arguments The idea is that your commentary should move beyond the purely descripve to the analycal 800 to 1200 words