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6 : 2 7 ANALYSING FINANCIAL STATEM... QUESTION 2 Using the information provided for Small Town Limited: A . Prepare Common - size Financial Statements

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ANALYSING FINANCIAL STATEM...
QUESTION 2
Using the information provided for Small Town Limited:
A. Prepare Common-size Financial Statements for 2019
B. Calculate a set of Accounting Ratios for 2019 & 2018 to include:
Profitability - should include ROA , ROE
Liquidity
Activity & Efficiency
Leverage
Market prospects
C. Comment on the financial health of Small Town Limited, based on calculations done in parts A&B.
\table[[Small Town Limited],[Income Statements],[for the year ended 31 December],[,2019,2018],[,$,$
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