Assignment
Carreras Limited is the leading marketer and distributor of cigarettes and tobacco related products in Jamaica. The company is a publicly listed company with local and international ownership. Jamaican shareholders own approximately 49.6% of the company with the majority interest being held by British American Tobacco. As the Chief Financial Officer of this institution, you are charged to lead a group of analysts to prepare a report to the Board of Management on the financial health and wealth of the institution. The annual report for Carreras Limited is provided. View and analyze the financial statements for the years 2019 and 2020. Your report must include:
1. A comparative analysis of the years 2019 and 2020 after calculating two (2) ratios from each category listed below:
a. Profitability and management efficiency ratios
b. Short term financial stability ratios
c. Long term financial stability ratios
d. Investors' ratios.
2. An analysis the wealth and health of the company based on the ratios above.
3. Five recommendations on the prospects of the company as it moves into the year 2022 with many uncertainties within the industry (10 marks).
4. Report on the challenges Carreras Ltd may face when analyzing and interpreting its performance due to changes in its accounting policies for recording transaction/elements in the financial statements.
5. Prepare a Common Size Income Statement and Statement of Financial Positions for the years 2019 and 2020.
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Attachment:- Financial-Reporting-Project.rar