Challenger Ltd & Clinuvel Pharmaceuticals Ltd

- Over the latest 5 year period for the period up to 31 December 2019 based on the companies financial statements, which of the two companies has displayed higher profitability? Justify this using Return on Equity (ROE) and Return on Assets (ROA) values. - Which company has a more stable capital structure based the calculated debt ratios? - Which of the two companies would you invest in if you were only basing your decision on the calculated investment ratios. - Determine the mean daily returns using the Arithmetic Mean, Geometric mean of the two stocks and the respective stock market index over the period 2 January 2020 to 30 Spetember 2020. - Using the standard deviation as a measure of risk and calculating risk adjusted returns for the companies and the index, determine which of the two companies shares you would invest in. - Discuss four critical success factors for each of the companies that are important in the quest of the financial managers to maximise shareholder value. Justify this with information from the companys reports, commentaries from financial analysts or any other relevant information.