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You have been requested by the Managing Director of Kandolo Ltd to prepare a report analysing the financial performance of the company for the year

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You have been requested by the Managing Director of Kandolo Ltd to prepare a report analysing the financial performance of the company for the year ended 31si December 2016 based on the following Statement of Comprehensive Income and the Statement of Financial Position: Required: h) Calculate the following ratios for 2016 and 2015 : [10 marks] i) Prepare a report to the Managing Director providing a comprehensive analysis of the financial performance and financial position of the company based on the ratios calculated in (a) above. [15 marks]

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