AMCOR’s Profitability Performance from 2018 to 2020 - AMCOR’s 2020 Financial Report Writing - Accounting Assignment Help

Assignment Task

Purpose

Profitability is very important to a business in terms of survival and future growth, therefore knowing how to measure and interpret an organisation’s profitability is a vital skill for management. In this discussion, you will calculate the two profitability ratios (Ratio 16 and Ratio 17) and then discuss your results with your peers, in relation to AMCOR’s profitability performance from 2018 to 2020.

Task

Step 1: From AMCOR’s 2020 Financial Report, review pages Form 10-K and read pages 48 to 50.

Step 2: Using the formulae in 2.2.1 calculate the following ratios for 2018, 2019 and 2020.

Total assets 2018 - USD$9,046.7 million.  
Total assets 2017 – USD$9,083.3 million
Total shareholder’s equity 2018 – USD $1,090.5 million
Total shareholder’s equity 2017 – USD $869.7 million

Ratio #16 – Return on shareholder’s equity
                     = Profit after tax / average shareholder’s equity

Ratio #17 – Return on assets
                     = Profit after tax / average total assets

 Step 3: Compare the results of 2018, 2019 and 2020 and then evaluate the company’s performance. Has there been an improvement or decline?

 Step 3: Share your answer to this question with your peers in the discussion: 'What are the three main reasons for AMCOR’s positive / negative trend?'

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