Question
The following is the Statement of financial Position and Profit and Loss statement for Luke Incorporated Pty Ltd. You have been retained by your client to review the business and provide a financial analysis of the business for your client.
Undertake an analysis of the company and prepare a short report on your findings to a prospective purchaser.
Your analysis should cover the liquidity and performance of the company. Your report should clearly indicate the ratios and other methods used to evaluate the business for your client.
Your analysis must be in report format. With a suitable explanation of the specific ratios you have applied and why you used them.
Provide a recommendation to your client based on your analysis.
