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You are required to collect annual reports of the selected two companies for the financial years ending on June 30, 2021 and 2022. 1.
You are required to collect annual reports of the selected two companies for the financial years ending on June 30, 2021 and 2022. 1. Identify and list the relevant IASS/IFRSS related to current and non-current assets. 2. What are the Gross Profits, Operating Profits, and Net Income of the studied companies for the two years under your investigation? What is the Cash Flow from Operations of these companies for the two-year period? Make a critical analysis of accrual income and cash income of the companies for the studied periods. 3. Compute the (a) current cash debt coverage ratio, (b) cash debt coverage ratio, and (c) free cash flow for the two companies for the period under study. Make a critical analysis of these ratios in making your comment on the companies' financial condition. 4. Compute the Altman Z-Score of the two companies for the period under study and comment on their financial strength.
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