Subject:Financial Management and Management Accounting

Question 1

1.1 Obtain the financial statements (annual reports) of any two listed companies and Critically assess the liquidity and profitability of the two companies. The following is required:

Detailed introduction of your chosen companies(I.e Nature of their business activities) Identify two ratios(show formulas) that will enable you to assess the liquidity of the chosen companies Identify two ratios(show formulas) that will enable you to assess the profitability of the chosen companies Calculation of two liquidity ratios per company Calculation of two profitability ratios per company Overall assessment of the two companies in terms of the ratios calculated (I.e compare the two companies in terms of liquidity and profitability)

Be sure to attach all supporting documents such as the statements that were used for calculation purposes. (22 marks).

Question 2

As a specialist on procurement and tendering, Critically discuss the procurement process. (20 marks)