QUESTION 3 (23 MARKS) One of the common ways to assess the company's performance is through financial statements analysis. Suppose you have been mandated to assess whether ABC (Pty) Ltd ("hereafter referred to as ABC "), a company which mainly supplies office stationaries to government ministries is worth contracting as one of your suppliers. You are to use the following questions as the basis of your assessment: 1. Will ABC be able to pay its short term obligations as they become due? 2. How ABC has financed the purchase of its assets? 3. How efficient has ABC s management been in utilizing it assets to generate sales? 4. Has ABC earned adequate returns on its investments? 5. Are ABC 's managers creating value for shareholders? QUESTION 3 (23 MARKS) One of the common ways to assess the company's performance is through financial statements analysis. Suppose you have been mandated to assess whether ABC (Pty) Ltd ("hereafter referred to as ABC "), a company which mainly supplies office stationaries to government ministries is worth contracting as one of your suppliers. You are to use the following questions as the basis of your assessment: 1. Will ABC be able to pay its short term obligations as they become due? 2. How ABC has financed the purchase of its assets? 3. How efficient has ABC s management been in utilizing it assets to generate sales? 4. Has ABC earned adequate returns on its investments? 5. Are ABC 's managers creating value for shareholders