Obtain the latest financial statements of a company of your choice for a two year period (clearly state which company you have selected). Utilizing your chosen financial statements, calculate and analyze the ratios on the following areas (Need to calculate a minimum of 3 ratios in each area) : -

4.1 Profitability; (7)

4.2 Asset management; (7)

4.3 Liquidity; and (7)

4.4 Solvency. (7)

4.5. Summarize with a report analyzing and commenting on the ratios calculated.(7) Your analysis must include comments that are consistent with the type of industry (comparative ratios where appropriate) and your response must reflect critically on the economic climate for the period of 2 years. Be sure to justify your arguments with sound analysis and interpretation of the financial statements. Show all calculations.

Note: Attach copies of the financial statements that you have used. (any MNC will do)