Refer to the 2019 annual reports for Metcash and Woolworths and analyse and compare their...
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Accounting
Refer to the 2019 annual reports for Metcash and Woolworths and analyse and compare their financial performance. In an investment choice, which one would you recommend? In your discussion, you might: Calculate and compare accounting-based performance ratios (e.g. RoE and RoA) Calculate and compare share price-based performance ratios (e.g. PE and yield ratios *) Calculate and compare the share return on an investment in the shares of each company for the period covered by their annual report Compare and evaluate the performance of each company and justify your recommendation
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