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QUESTION 3 Assume that you are a trust officer for the Afri Bank. You are attempting to select a pharmaceutical manufacturers shares for a client's

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QUESTION 3 Assume that you are a trust officer for the Afri Bank. You are attempting to select a pharmaceutical manufacturers shares for a client's portfolio. You have obtained the following data (5 marks) 5 Year averages Main Darcy Hunt Industry Opal average 8.3% Sales growth Net income growth 13.0 Asset growth 9.8% 12.0 6.1 7.9% 10.7 4.6 7.2% 4.2 4.4 10.1% 16.1 6.2 5.0 Current year Main Darcy Hunt IndustryOpal average 21.6% 11.4 31.0 19.4% Return on equity | 16.2% Return on assets 8.5 Dividend payout 43.0 17.5% 12.7 23.0 31.0 17.5% 8.4 7.8 40.0 Required: [51 Comment on the relevant performance of each of the companies

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