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QUESTION 1 (5 marks) Assume that you are a trust officer for the Joss Bank You are attempting to select a pharmaceutical manufacturer's shares for
QUESTION 1 (5 marks) Assume that you are a trust officer for the Joss Bank You are attempting to select a pharmaceutical manufacturer's shares for a client's portfolio You have obtained the following data Darcy Hunt 5 Year averages Industry. Opal - Main average ! . - 8 3% 98% 7 9% 13.0 10.0 12.0 107 50 61 46 72% Sales growth Net.income growth Asset growth 10 1% 1.4.2. 16.1 44 Darcy Hunt Current year Industry. Opal Main average 1 16 2% 17 5% | 17 5% 7.8 12.7 430 430 400 230 Return on equity Return on assets Dividend payout -8.5 19.4% 84 31 0 21 6% 11.4 310 Required: Comment on the relative performance of these companies
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