1. Enter the website of JB HIFI Limited(https://investors.jbhifi.com.au) and download Annual Report for the financial year ended 30 June 2022. According to the Balance Sheet as at 30 June 2022 and Income Statement for the financial year ended 30 June 2022, please answer the questions below. Show the necessary working procedures for each question.

a. Calculate Inventory Turnover for FY2022 and interpret what it stands for. (2 marks) b. Calculate Return on Equity (ROE) for FY 2022 (1 mark) c. Calculate Equity Ratio for FY2022 (1 mark)

d. Calculate Accounts Receivable Turnover for FY2022 and FY2021 respectively, assuming all revenue from credit sales without returns. (2 marks)

e. Calculate the Current Ratio for FY 2022 and FY2021 respectively. Compare Current Ratio between and FY2022 and FY2021 and analyse what the change indicated. (2.5 marks)

Enter the website of Kogan(https://www.kogancorporate.com) and download Annual Report for the financial year ended 30 June 2022. According to the Balance Sheet as at 30 June 2022 and Income Statement for the financial year ended 30 June 2022, please answer the questions below. Show the necessary working procedures for each question.

a. Calculate Inventory Turnover for FY2022 and interpret what it stands for. (2 marks)

b. Calculate Return on Equity (ROE) for FY 2022 (1 mark)

c. Calculate Equity Ratio for FY2022 (1 mark)

d. Calculate Accounts Receivable Turnover for FY2022 and FY2021 respectively,

assuming all revenue from credit sales without returns. (2 marks)

e. Calculate the Current Ratio for FY 2022 and FY2021 respectively. Compare

f. Current Ratio between and FY2022 and FY2021 and analyse what the change indicated. (2.5 marks)

Compare the financial report between Kogan and JB HIFI, assuming yourself as a stock investor, which company would you like to invest on? State your choice and reasons. You are expected to:

a. Analyse and compare financial ratio from debt-paying ability, profitability and liquidity in financial reports between two companies. (4 marks) b. Justify your choice reasonably with the analysis and ratio calculations above. (4 marks)