Prepare a report about the profitability, solvency, and efficiency of

company. Your report should include:

a. Appropriate profitability, solvency and efficiency ratios. The ratios

should be calculated for both years. As your friend is not very

knowledgeable about ratios, you should also describe the

components of each of the ratios you have chosen, ie what are the

numerator and the denominator of each of the ratios that you have

calculated.

b. A commentary on the profitability, solvency, and efficiency of the

company.

c. What additional accounting/finance information would be useful

to you if he requires a further commentary on whether he should

accept the job offer.

A friend has asked you if you can assisi him. He is considering whether he should work for McSweeney Sausages which has offered him a senior management position and has sent you a copy of the company's financial reports for the previous two financial years (see below). These reports were produced for internal Use within the fim and do not necessarily fully conform with International Financial Reporting Standards