Cathay Pacific $2022$ Dupont analysis

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Due date is Fri $9$ Feb $23\mathrm{.}59$ on Blackboard Assignments.

Search in Investor Relations section of Cathay Pacific website and save a copy of "Cathay Pacific Annual Report $2022"$ in PDF format to answer the below questions.

Calculate below $2022$ ratios using the data from the annual report and the formulas provided in the lecture textbook. Use the middle column to show your calculation for $2022$ and record your answer in the right most column. Round up to $2$ decimal places.

$($Reminder: Use the appropriate units when finalizing your answers. For example, all profit ratios should be in $\%)$

$\backslash$table$[[$Ratio$,$Calculation,$2022$ Answer$],[$Current ratio,,$],[$Debt$\text{'}$equity ratio,,$],[$Cash coverage ratio,,$],[$Equity multiplier,,$],[$Return on equity,,$],[$Retum on assets,,$],[$Profit Margin,,$],[$Asset Tumover,,$]]$

Complete the Du Pont Identity for Cathay Pacific for $2022$ and $2021$ in the table below.

A$.$ Has ROE changed over this period?

B$.$ How have changes in each component of the Du Point identity affected ROE over this period?

Do you think Cathay Pacific's performance in $2022$ was related to any agency problems? Give example.

$\backslash$table$[[,$ROE $=,$PM x$,$AT x$,$E$],[2022,,,,],[2021,,,,]]$