Ur class instructor has Invested in the following stocks:
• AKBL (Askari Bank Limited)
• BYCO (Byco petroleum)
• HASCOL
• PPL (Pakistan Petroleum Limited)
U are required to select any company of yur choice among these four. Go to PSX download annual report. Take consolidated Income statement data of at least two years and conduct vertical analysis of income statement.
After yu complete the vertical analysis of the income statement. Comment if the decision of your instructor is correct or she needs to reconsider it. Interpret the results carefully and provide yur judgment on it. Yu are allowed to consult the foot notes and other information about the company from the web if u may need.
(Vertical analysis income statement Finance)