Prepare a memo for the board of directors

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Reference no: EM132213318

Question: You are the financial director of Company ABC Ltd, a company listed on the JSE. You have been tasked with investigating the viability of a takeover of a company listed on the Alt X exchange.

Required: Select a company listed on the Alt X exchange. The company can be from any industry and needs to have recent and available financial results (not later than 2017).

Prepare a memo for the board of directors that covers the following:

1. Perform a ratio analysis of the target company (the company listed on the Alt X exchange). You must cover the following in your answer

- The analysis must cover all four categories of ratios, as listed in your CIMA textbooks.

- Two ratios per category are required.

- The analysis should include the prior year and benchmark comparatives. The comparative company should be selected from the JSE.

- Provide reasons why a specific comparative company was chosen.

- The analysis should include a discussion around the working capital strategy of the company.

Reference no: EM132213318

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