Financial ratios are a much used tool in assessing corporate performance, but the use of such ratios is often criticised.
Research a UK PLC listed on the London Stock Exchange, which operates in more than one country. Research the financial performance of the company over the last 5 years. Complete a report covering the following areas:
•Discuss the use of financial ratio analysis in modern finance, evaluate the strengths and weaknesses of this form of analysis.
•Analyse the financial performance and current position of your selected company using appropriate ratio analysis.
•Assess the potential impact of current developments in international financial reporting on future financial reporting for your chosen company.
Word count 3,000 max (excluding abstract, bibliography and appendices)
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