Tuesday, May 5, 2020
Financial and Economic Interpretation-Free-Samples for Students
Questions: 1.What is the Company? 2.How is it Performing? 3.What ethical issues pertain to the Company? 4.What are some of its specific Financial Indicators? 5.Whats something interesting that youve uncovered from your analysis of the Companys annual report? Answers: 1.Australian and New Zealand Bank Group (ANZ) is considered as one of the largest bank of Australia and has performed exceeding well in the last few years. 2.According to the balance sheet of the organization, it can be seen that the profits of the company has considerably declined in the last two years. The net profit declined from 1783 to 1535. In addition to this, the expenses of the organization have also increased considerably. In addition to this, it can be inferred that the expenses of the organization have also increased (Shareholder.anz.com. 2017). 3.From the recent news, it can be inferred that ANZ is suffering from severe ethical issues. ANZ was accused for fixing their respective bill swap rate and this has hampered their goodwill among their respective stakeholders. Apart from this, ANZ was involved in child labor which also impacted their ethical environment (The Conversation 2017) 4.Several specific financial indicators are there that can indicate the financial status of the organization. One of them can be considered as profit after tax, which decreased in the current financial year. Another indicator can be liquidity and profitability of the organization. 5.Several facts can be considered from the annual report of the organization ANZ. It has been seen that the profitability has declined, while the liquidity of the firm has increased. This further infers that the organization is not effectively utilizing its working capital in an effective manner. References The Conversation. (2017). 'Command and control' banks have got ethics and culture all wrong. [online] Available at: https://theconversation.com/command-and-control-banks-have-got-ethics-and-culture-all-wrong-56289 [Accessed 14 Aug. 2017]. Shareholder.anz.com. (2017). Home | ANZ Shareholder Centre. [online] Available at: https://www.shareholder.anz.com [Accessed 14 Aug. 2017]
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