9.39 Refer back to question 9.20 which examined extracts from the financial information of Tesco plc in its 2019 Annual Report. By the time this book is published, Tesco will have produced subsequent annual reports. Using those subsequent reports (available from www.tescoplc.com) produce a table showing the key figures over a period of years. Conduct an analysis of the figures, calculating all relevant accounting ratios. Because you will have several years’ worth of accounting information, you are also able to produce a horizontal analysis (see Chapter 8).

Write a brief report that summarizes your analysis. (For obvious reasons, there is no model answer to this question.)