You are a member of a team of investment analysts operating both in Ghana and outside Ghana. Your role is to provide investment to prospective investors. Mr Elvis Scott , a wealthy business man from Germany has been a client of your firm for many years and has approached your for investment advice. Mr Scott has a large portfolio of shares and is interested in investing in one of the listed oil industries in Ghana specifically the Ghana Oil company.

Analyze the performance of Ghana Oil Company over a five year period (2015-2019) using ratios and any other relevant information and advice him on whether he should invest in the company.

The following issues must be highlighted in your analyses:

Reasons for using ratio analysis

Description and justification of the ratios you decided to use.

Calculation of the ratios.

Findings from your analysis with recommendations

Limitations of your analysis with regards to the information you have been provided; what kind of information could help you to develop a more robust ratio analysis?