Youare a member of ateam of investment analysts operatingboth in Ghana and outside Ghana. Your role is to provide investment to prospective investors.Mr Elvis Scott , a wealthy business man from Germany hasbeen 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 thelistedoil industries in Ghana specifically the Ghana Oil company.

Analyzethe performance of Ghana Oil Companyover afive year period (2015-2019) using ratios and any other relevantinformation 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 fromyour 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?