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.

Required:

Required:

Prepare a report to Mr Scott analysing 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.

Your report should address the following issues:

• Reasons for using ratio analysis
• Description and justification of the ratios you decided to use.