Question
The Nairobi Securities Exchange has 62 listed companies. As per the requirements of the companies act, these companies are required to publish their financial statements
The Nairobi Securities Exchange has 62 listed companies. As per the requirements of the companies act, these companies are required to publish their financial statements yearly and therefore these financial statements can easily be acquired by any member of public from their websites, offices or print media.
- Sasini Ltd
- Crown Paints Kenya PLC.
In relation to the above statement, obtain financial statements for ONE of the above listed companies STRICTLY for the financial year 2020 2021 and analyze it as below;
Required
- Calculate any two ratios from each of the categories below; (24 marks)
- Profitability ratios
- Growth and valuation ratios
- Turnover ratios
- Debt ratios
b) Using the ratios calculated; evaluate the performance of the company.
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