You are tasked with performing a detailed financial analysis of two Jamaican companies: Honey Bun...
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Accounting
You are tasked with performing a detailed financial analysis of two Jamaican companies: Honey Bun Ltd and Consolidated Bakeries Ltd. More specifically, you are to prepare a single comprehensive report which addresses the following requirements: 1. Explain the value, purpose, and limitations of ratio analysis. 2. Explain the significance of trend analysis. 3. Explain the significance of competitor ratio analysis. 4. Identify the industry within which both Honey Bun and Consolidated Bakeries operate, and provide a brief overview of this industry. 5. Provide separate company overviews for Honey Bun AND for Consolidated Bakeries. Use information from the chairman's and/or management reports, news reports, websites, analysts' reviews, and other relevant sources to support your discussion. Also, outline the key successes and challenges faced by both companies in their most recent financial year (i.e. year ending 2021). Indicate any major operational or financial issues which arose during the year, why they arose, and how they were resolved. 6. Using the full list of ratios and formulas as outlined on the ratio analysis worksheet provided on Moodle, calculate each of the stated ratios for BOTH companies for the past three (3) financial years (i.e., the years ending 2019, 2020, and 2021). 7. You are then to prepare a detailed trend analysis discussion for BOTH companies over the same period. Your analyses should reference the results of the ratios calculated and must incorporate the use of graphs/charts

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