QUESTION 1: CASE STUDY AND ANALYSIS AND INTERPRETATION
You were asked to evaluate the performance of Jeanswest New Zealand for the financial years of 2017 and 2018 based on the audited financial statements submitted to the New Zealand’s Companies Office in September 2019. (See attached audited statements of Jeanswest New Zealand).
Required:
a. Complete the table below by calculating and commenting on the profitability, liquidity and solvency ratios for 2018 and 2017 for Jeanswest New Zealand. You need to include the formula and workings for each ratio.
b. Briefly discuss with supporting examples the two main reasons for the demise of Jeanswest New Zealand based on the audited financial statements provided.
c. Identify and briefly explain five main reasons for having “notes to the financial statements” on pages 7-16 by Jeanswest New Zealand.
Students succeed in their courses by connecting and communicating with an expert until they receive help on their questions
Consult our trusted tutors.