Financing Enterprises - Numerical Problem-Solving - Accounting & Finance Assignment Help

Assignment Task

Assignment overview
This assignment is a Mandatory Submission which means that in order to pass this unit of study, you must submit this assignment.This individual assignment requires the analysis of the financial position and performance of the assigned companies for two financial years (2018 and 2019). For the sake of this assignment, imagine you are a financial analyst working for the Elite Banking Corporation. You need to determine whether the companies are eligible for a loan from the bank. This involves answering the following five questions in your own words (i.e. do not simply 'cut and paste' information from the annual report or another relevant source). You must apply critical thinking concepts when explaining and justifying your choices.

Assignment details
To meet the requirements of this assignment, work your way through the following steps:
Step 1: Access the data and calculate the ratios
Go to e-resources on WSU Library and select 'D' from the alphabetical list. Once selected, pick DatAnalysis Premium database. Once you are in the database, go to the search engine on the top right corner and enter each of the following company's ASX code:
Zenith Energy Limited (ASX code: ZEN).
Contact Energy Limited (ASX code: CEN).
Watch the video How to obtain data for your assignment (Links to an external site.) by Dr Walid Bakry (2018), from which you can learn how to obtain the data for the ratios and calculate the ratios. Note: An example of another company is used in this video, however, you will still follow the steps discussed.
Once you've watched the video, complete the following steps: 
For each company, the displayed page summarises general information about the company—including the sector and industry it operates within, total market capitalisation of the firm, latest closing share price and so on. Both firms are operating in the same sector and industry group (food, beverage and tobacco) and same industry (food products).
On the left-hand side, select 'Financial Data'. The displayed page shows annual and interim information for your assigned company (in the view bar, make sure you choose annual and not interim data). On this page under the heading Financial data is a menu with tabs to select. You will see the first three tabs that display the company's summarised annual financial statements (Profit and loss, balance sheet and cash flow statement). Additional information, such as the number of shares outstanding at end of period, is also given in these statements for different years.
The figures shown on the 'Financial Data' page are rounded figures and are not to be used in the calculation of ratios. To access the raw figures, select the relevant time period from the ‘year range’ drop down bars, then select ‘go’. Once the figures appear, select download spreadsheet. This will download an Excel file that contains all the relevant financial statements i.e. profit and loss statement, balance sheet and so on.
In the downloaded Excel file, you will see a sheet titled 'Revenue Expense'. This is where you can locate the cost of goods sold (COGS) for each company for the different years. For some companies, the COGS is the 'materials and other input costs'. 
For more detailed information about how to obtain the data required for your individual assignment, please watch the 'How to obtain data for the individual assignment' video again.

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