Question
Purpose Financial analysis is frequently used as an analytical tool to help internal and external users of the financial statements assess a company's performance and
Purpose Financial analysis is frequently used as an analytical tool to help internal and external users of the financial statements assess a company's performance and make strategic and investment decisions in the future. Financial accountants or analysts primarily perform financial analysis by collecting financial data and analyzing historical data in a spreadsheet. The most common types of financial analysis include vertical, horizontal, and financial ratio analysis (See Appendix 1.1). This assignment will require students to apply analytical skills and interpret financial data and provide insightful recommendations to internal and external users. Requirements: Identify two public listed companies in Canada. Retrieve their financial statements (company investor relation website or www.sedar.com). Perform financial analysis including vertical, horizontal and ratio analysis. Evaluate financial performance. Provide recommendation.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started