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SHORT ANSWER COMPANY ASSIGNMENT Find the most recent annual report for your company and answer each question below. My company name is: QBE Insurance Group Limited.1. Give an overview of your company, explaining the products or services it provides and how it earns its profit.2. Find the Income Statement in the most recent annual report. Take a screenshot of the Income Statement and include this in your answer.• List the largest revenue on the Income Statement.o Show the amount for the past two yearso Calculate the increase/decreaseo Perform horizontal analysis• List the largest expense on the Income Statement:o Show the amount for the past two yearso Calculate the increase/decreaseo Perform horizontal and vertical analysis• Give the net profit amount:o Calculate the increase or decreaseo Perform horizontal and vertical analysisGive an overall analysis of the performance of the company. Include the numbers you have calculated above in your analysis. Also use the annual report to research why these changes have occurred and the key factors that have led to these changes.3. Balance Sheet and the Notes to the Financial Statements. Take a screenshot of the Balance Sheet and include this in your answer. Choose Receivables or Inventory from Current Assets. Make sure it also has an accompanying note.• List the asset chosen. and total assets and the amount for both years.• Calculate the difference.• Do horizontal analysis on this asset
Requirements Format: Short answer • Clearly answer each question using the short answer format taught in BABC001 (refer to CANVAS for more information) • TEEL paragraphs and bullet points (refer to CANVAS for more information) • All work submitted must be written in your own words. using paraphrasing techniques taught in 8A8C001 • Check Canvas for Writing Feedback" based on previous semesters assignment feedback. Presentation: You need to include: Cover sheet completed and signed • Cover page as taught in BA8C001 • Table of contents - list headings, subheadings and page numbers • Reference list - all answers should include citations: all citations should be detailed in the Reference List
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