Calculate the following ratios for Focus Ltd for the two years:
Write a report to the director of the company commenting on the performance of the company in terms of profitability, liquidity and use of assets.
A clear report should address all important matters in 1,000 words maximum. A very good report could achieve this objective in 700 words. It is the quality of the commentary and addressing all the issues relating to the company that is important.
Calculations are to be in the table of ratios requested in part (a) and not mixed in with the narrative of the report.