Reference no: EM133815880
Financial Data Analysis and Management
For the assessment you must read the 2022 & 2023 Annual report of Harvey Norman. The following is required.
Question 1. Read about Harvey Norman and summarize the business with the latest news (Word Doc, 200 words)
Question 2. Calculate the following ratios (Excel spreadsheet):
a. Profitability Ratios - Profit margin, Return on Assets and Return on Equity
b. Liquidity and Financial risk - Current ratio, Inventory turnover ratio and days, Accounts Receivable Turnover ratio and days.
c. Financial stability - Debt to Equity ratio, Interest coverage ratio
[Note: It is important to describe each ratio, its purpose and then understand the trend. In other words, are the financials improving or not. Research should include some benchmarking against industry players.]
Question 3. Provide a report on the ratios calculated above and a recommendation as to whether to invest in Harvey Norman shares or not. (Word doc 1,000 words).
[Note: When you make the recommendation you must back up your arguments with the ratio analysis performed above.]
Purpose: To be able to analyse financial statements through ratio analysis using a iistea HUSH-anal] CAA I Ipcil iy financial statements. This assessment relates to learning outcome a, b, c, d and a
Task Details:
You have recently been hired by an investment bank and your manager has asked you to provide a report on Harvey Norman. Specifically, she would like you to give her a brief on what Harvey Normans business is, some background and latest news (if any). She then asks you to perform ratio analysis on Harvey Norman's financials and make recommendations as to whether the company is a good investment and buy shares.
[Note: Presentation of a professionally looking report and excel is very important iiindustry. Neatly formatted and well thought out arguments will be awarded good marks.]
For the assessment you must read the 2022 & 2023 Annual report of Harvey Norman. The following is required. 01. Read about Harvey Norman and summarize the business with the latest news (Word Doc, 200 words)
Question 2. Calculate the following ratios (Excel spreadsheet):
a. Profitability Ratios - Profit margin, Return on Assets and Return on Equity Hire Homework Experts Now!
b. Liquidity and Financial risk - Current ratio, Inventory turnover ratio and days, Accounts Receivable Turnover ratio and days.