Inancial Reporting and Analysis FRA Individual Assignment
Students are expected to perform a careful study of the annual report of two firms listed on London Stock Exchange and a constituent of FTSE 100 for the financial years 2009-10, 2010-11 and 2011-12 from the same sector and in a similar line of business. They have to study and report the key financial ratios in the report and thereby try to comment on their capital expenditure, the funding decision, financial performance measures and other vital factors like prospects of future expansion based on the cash reserve, patents, revenue, liquidity, capital structure (debt equity ratio), short and long term liabilities and possibility of expansion in new emerging market.
Based on the analysis above, you have to comment which firm has better future prospects and can provide a good investment opportunity to retail investors in short (upto six months) to long (1 to 3 years) term. You can also use graphs and charts along with an updated stock price data from Yahoo Finance and Google Finance to support your recommendation.
The Harvard Referencing System must be used. The Wikipedia website must not be referenced in your work.