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Working Capital Management

Working Capital Management1)Identify a company listed on the London Stock Exchange or your local bourse from any sector (except the Financial Services sector ) with a view to conducting the financial statement analysis based on the last two years of the Financial Statements (i.e. three years accounting information). (note :The company I want is MAXIS vs AXIATA GROUP from Malaysia) 2)As a Financial Consultant, write a brief background to the company that covers : a)a brief description of the industry / sector that the company operates in and its relative position in the sector. b)a description of the core business area(s), highlighting the main revenue sources and the environmental factors that impact the revenues. 3)Conduct a comprehensive ratio analysis of the selected company (MAXIS). Also compute the comparative ratios for a competitor company (AXIATA) which has more or less a similar market footprint as your selected company. Using actual business research and market information, explain why some ratios might have similar values and others might be significantly different. 4)In your concluding paragraph, you should compare the overall: a.Financial performance b.Risk profile and c.Business Outlook for your selected company suitable in form to be used as a basis for making an investment decision. 5)Write a short essay to illustrate the key differences in approach when conducting : a.the financial feasibility analysis for investment in Non Current Assets and b.evaluating the efficiency of Working Capital Management

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