ACC10007 - Financial Information for Decision Making - Accounting and Finance Assignment Help

Assignment Task

Company and Industry Background

• Brief company profile of Adairs Ltd – include its history, financial highlights, and other relevant company information such as when and where it started operations; any major expansions and acquisitions from then to now; types of products/services it offers, significant business relationships.

• Industry – includes identifying which industry it operates in, an understanding of the state of the industry and identifying major competitors

Assumptions and other useful information for calculating ratios:

• Use the 2020 Financial Statements to collect the 2020 and 2019 figures.

• Use the 2018 Financial Statements to collect the 2018 and 2017 figures.

• Provide 2 decimal points for your ratios.

• Ratio formulas to be used as per the Week 7 and 8 Lecture Summary Videos.

• Use Trade & Other Receivables shown in the balance sheet when calculating Days Debtors.

• Assume that 10% of sales are credit sale

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