Question
hi i need help with this assignment question, im in a group of three so we decided to split up the 3 companies between ourselves
hi i need help with this assignment question, im in a group of three so we decided to split up the 3 companies between ourselves mine is finding info about Kogan (ASX: KGN) ONLY
Facts and Purpose: An accountant is responsible for providing high level financial advice to their clients. The global pandemic known as COVID-19 shook up businesses and has had an impact on their shareholders/customers/potential investors. The purpose of this assignment is to analyse the ratios/trends/other factors of three large ASX listed retailing entities to make a recommendation about which of the three were performing the best prior to COVID-19 (specifically for the financial years ending 2017, 2018, 2019).
Three large retailing entities:
Kogan (ASX: KGN) this is the one i need help with
Woolworths (ASX: WOW)
JB Hi-Fi Limited (ASX: JBH)
Requirement: Utilise the company websites, annual reports, media searches and other financial information (from Library Databases such as DatAnalysis Premium) to substantiate your recommendation.
Memo Format:
The referenced memo must include the following with each section clearly underlined:
1)Introduction/Context - This should include the purpose of the memo -
2)Discussion:
Profitability - Choose two ratios and discuss the trends of each company -
Liquidity- Choose two ratios and discuss the trends of each company -
Gearing- Choose two ratios and discuss the trends of each company -
Other - Choose one other item that will impact your recommendation and compare between companies -
3)Conclusion - Use facts from the discussion to support your recommendation -
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