Consider the CSL 2019/20 Annual Report

a) How has CSLs ability to manage inventory changed from 2019 and 2020? Show using calculations. Why is managing appropriate inventory a challenge for firms? Consider the CSL Yahoo Finance data.

b) Find the closing price for the share price on October 16, 2020. How would investors feel about the value of their shares in CSL, if they purchased shares on the 17 February 2020? What if they had purchased the shares on 30th October 2019? What do these values suggest about risks of investing in the Share market and what would you recommend a potential investor?