(2) (i) (ii) (iii) A major competitor in the industry is Oroton Limited. They are retailers of top end leather bags and accessories to consumers. The Managing Director of Luxe Leather Bags Pty Ltd, Kent Cognac, has asked you to refer to the 2016 Oroton Limited Annual Report (which is available on LMS) and write him a report which addresses the following matters. Who do you consider to be the main user groups of Oroton Limited Annual Report. What types of decisions would these users make based on the different information contained in the Annual Report document ? Comment on how assets such as Inventories and Property, Plant & Equipment are valued in the accounts of Oroton Limited ? Explain the difference between a Current Liability and a Contingent Liability. What types of Current & Contingent Liabilities does Oroton Limited have in its financial statements