Analysis and interpretation of financial statements(you can change the topic after you see the requirement) – 2,500 word report (50%). This individual assignment will involve writing a report to evaluate the performance of a real-life company. All submissions must be presented in typescript (Word format), 12pt, 1.5 line spacing. 1. Requirements: – (a) Provide an introduction with a background of the business in question (e.g. strategy, prospects, SWOT analysis). (20 marks) -(b) Explain how the cash flow statement interfaces with the statement of financial position and income statement. Illustrate your discussion with an example taken from the company’s financial statements.(10 marks) -(c) Calculate at least three profitability ratios of your choice to support your discussion. Discuss the profitability position of the company. (20 marks) -(d) Calculate at least three effectiveness/efficiency ratios of your choice to support your discussion. Discuss the efficiency/effectiveness position of the company. (20 marks) -(e) Calculate at least three liquidity/solvency ratios to support your discussion.Discuss the ability of the company to meet its financial obligations. (20 marks) -(f) Highlight any one specific issue from the financial statements which may limit the usefulness of the ratio analysis. Provide clear examples/references (10 marks)- TOTAL: 100 MARKS. 2.Guideline: Research updated literature on “Analysis and interpretation of financial statements”. You are expected to choose one company from the ones below: (a). Morrisons PLC https://www.morrisons-corporate.com/investor-centre/ (b). Smith & Nephew PLC http://www.smith-nephew.com/investor-centre/ (c). Glencore PLC https://www.glencore.com/en/investors Annual reports are available under the heading of ‘Investor Relations’. You should inform the lecturer of your company’s choice as soon as possible. The financial information you need should refer to, at least, THREE (03) consecutive years of the company’s operation; to allow you to compare/analyse/comment on the business financial trend. An online copy of the most recent company’s financial statements (not a web link), which served the basis for the requirements below, should be submitted as part of this coursework. University rules on plagiarism apply (please refer to postgraduate information on Moodle for further details). All materials used to prepare this coursework need to be accordingly referenced.