Turn to the annual report of a listed company which you have used for activities throughout the previous chapters. Split the group to take two different roles: one half of the group should take the role of the finance director and the other half should take the role of the broker’s analyst writing a report on the company. Look through the annual report for any ratio calculations performed by the company and check  these from the data in the financial statements, so far as you are able. Prepare your own calculations of ratios for analysis of all aspects of performance. Find the current share price from a current newspaper. Once the data preparation is complete, the finance director subgroup should prepare a short report to a meeting with the analysts. The analysts should then respond with questions arising from the ratio analysis. The finance directors should seek to present answers to the questions using the annual report. Finally write a short report (250 words) on problems encountered in calculating and interpreting financial ratios.