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 Write a report covering the following questions: 1. What are the benefits and limitations of financial statement analysis? 2. Select a retail company listed on the Australian Stock Exchange and prepare the following ratios from the information included in the annual report • Current Asset ratio • Quick Asset ratio (acid test) • Profit margin • Return on assets • Return on equity • Earnings per share • Debt to total assets ratio (gearing) 3. Comment on the results from the perspective of a prospective institutional investor (Such as a superannuation fund



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