FINANCIAL MANAGEMENT INDIVIDUAL ASSIGNMENT

Since the first confirmed COVID-19 case was reported, business globally has been severely impacted. Companies are not only impacted today but will feel the impact long after the pandemic has subsided.

Existing challenges for companies are highlighted during periods of disruption.

Business owners and -managers are finding that they need to approach stakeholders (suppliers, customers, lenders) to arrange short-term solutions to support their cash flows.

Instructions:

1. Select one of the companies listed on the Johannesburg Stock Exchange and download its financial statements of the past 3 years.

2. Do a top down analysis to identify the key indicators and risk factors affecting the economy, sector and company using information in the public domain.

3. Do a time-series analysis of the chosen company. The result can be presented in table format. No need to show calculations.

4. Write a report (excluding bibliography) by answering the questions in section A.

Referencing skills P a g e 2 | 5 Delivery Requirements:

A typed assignment (all components of assignment)

A Turn-It-In Originality Report Minimum reference requirements:

A minimum of TEN additional references should be consulted.

It is crucial that students reference all consulted information sources, by means of in-text referencing and a bibliography, according to the applicable referencing method.

You need to include the following additional information sources:

Printed textbooks / e-books Printed / online journal articles Academic journals in electronic format access via the library or other databases Periodical articles e.g. business magazine articles

Information or articles from relevant websites

Other information sources e.g. interviews

DO NOT MAKE USE OF WIKIPEDIA AND ANONYMOUS SOURCES.

Assignment Format:

Students must follow the requirements when writing and submitting the assignment as follows:

Font: Arial

Font size: 12

1.5-line spacing

Include page numbers

Include a table of contents

Use the correct referencing method through-out the assignment

Include a full bibliography at the end of the assignment based on the referencing method

Check spelling, grammar, and punctuation

Run the assignment through Turn-It-In Learning Objective:

The purpose of the assignment is to provide an opportunity to you to apply and use the course material in the analysis of any chosen listed company. The assignment should demonstrate your mastery of the course material.

General guidelines when answering the assignment:

Focus on quality, not the quantity, of the content

Analyse the question before you start the answer.

Avoid generalisations and meaningless statements. Be specific.

Provide answers to such fundamental questions as what, when, where, why, who and how.

Professional technical presentation is important.

Use headings and subheadings and number both.

Include an introduction and a conclusion.

Remember to list references in alphabetical order in the bibliography.

A picture speaks a thousand words.

Remember also to reference any image/picture used.

SECTION A:

APPLICATION AND DISCUSSION QUESTIONS

Read the questions below and answer them accordingly:

1. Describe the company you have chosen for the assignment, including the following aspects:

Background

Organisational strategies and the product/service it offers

Any other interesting information

2. You are required to do a time-series analysis of the company's financial information, stretching 3 years. Provide you results in table format. Recommendations on how to improve these ratios should be included. Ratios to be addressed:

Profitability ratios

Liquidity ratios

Activity ratios

Solvency ratios

Security Market ratios

3. Do thorough research on the chosen company and discuss the following:

3.1. How can management address volatility and proactively establish long term financial and operational resilience across the business?

3.2How can management address the immediate impact on liquidity in 2020? Specifically refer to the management of working capital (cash, accounts payable, and accounts receivables).