Financial Statements

Please read the instructions relating to submission very carefully before attempting the questions
contained within the assignment and make sure that you answer all of the questions.
On the MySCU Blackboard for this unit, under the TAB Unit Documents’, you will find a folder
named Assignment 2. In this folder you will find financial statements for three (3) small/medium sized
organisations.
You are to use these financial statements as a basis to answer the questions listed under the heading
Assignment 2 Questions in the Assignment 2 folder under the TAB Unit Documents’. When you are
providing figures and calculating ratios, please take note of the following instructions. Failure to do so
may result in lost marks.
Show the original figures as well as any ratios or percentage changes that you calculate. An efficient way
to present these figures and ratios is in Word tables or in sections of Excel spreadsheets that are pasted
into Word documents. This will enable you to have headings which clearly label the figures and ratios,
as well as headings which clearly show the formulas and calculations that have been done to obtain the
results.
Use the figures in the statements provided to do all calculations and to support all conclusions.
Your own evaluation, in your own words is important. When you are asked to interpret ratios, it means to
provide an explanation of what the ratio means in terms of this company. While you may wish to provide
a brief definition of a ratio in your comments, you must also analyse the ratio with respect to the company
under review.
Referencing is important in all academic work. It enables the reader to assess the reliability and relevance
of the assertions made. Please ensure that all sources of information are appropriately referenced using
the Harvard (author€“date) method. If you use direct quotations from other sources, make sure that these
are appropriately presented and referenced.