[A]

You are required to find the appropriate financial information in Hero Moto Corp. Limited financial statements and calculate the following ratios for the financial years 2018-19 and 2019-20:

1.Return on capital employed

2.Return on sales

3.Asset utilization ratio

4.Gross profit margin

5.Current ratio and quick ratio

6.Gearing

7.Interest cover

8.Stock days

9.Current trade receivables days*

10.Current trade payables days*

11.Return on equity.

Show all steps needed to calculate your results, includingratio definitionandinput values.

For Balance sheet and PL sheet please go to page 208 and 209 in the pdf link below

https://drive.google.com/file/d/1jBT241WOXyIyUdL2Er9SgV00jrCaHf-0/view?usp=sharing

The rest of details are also in the same pdf but mostly wont need them.

Please use the below excel sheet for calculations and also explain them here.

https://docs.google.com/spreadsheets/d/1AD1HcD1v1wAFPX1onr0RHIHk_NwNiiM5s17gT7PgIhE/edit?usp=sharing

[B]

Further compute the above-mentioned ratios for Bajaj Auto Ltd., one of the key competitors of Hero Moto Corp.

Conduct a financial analysis of Hero Moto Corp and Bajaj Auto Ltd. using the ratios calculated in Task 1 and describe what you observe about Hero Moto Corp's performance as well as the performance of its competitor. Explain possible causes for differences in performance and discuss implications for Hero Moto Corp.

In your analysis, you should also discuss whether, according to their financial performance, Hero Moto Corp should be concerned about Bajaj Auto Ltd.

Your analysis should not be longer than 2K words, excluding bibliography.

If you use information that is not included in the financial statements but elsewhere in the company's annual report (e.g., notes) or in external sources, please cite the exact location and source of this information.

Find the link below for info on Bajaj

https://drive.google.com/file/d/1iblyK2VO5WXmvHmNn8zMsk7fTre4l2sY/view?usp=sharing

Please do the computations in the below sheet

https://docs.google.com/spreadsheets/d/1tQEhGa4qxwbXVJCPL4P9we_ssVphHb_LL72ZgbDDTFo/edit?usp=sharing