Analysis of corporate liquidity – Your role is to use the annual reports from JB HiFi to investigate the liquidity and insolvency risk of JB HiFi from an accounting perspective. In 2017

Analysis of corporate liquidity – Your role is to use the annual reports from JB HiFi to investigate the liquidity and insolvency risk of JB HiFi from an accounting perspective. In 2017, JB HiFi was worrying investors because their take over of the Good Guys retail business was not going as well as forecast. Similarly, it suffered a drop in share price in February 2018, when it disclosed slower sales than expected at the Good Guys. . In this maximum 2000-word essay, you must use the IDEALS framework to critically analyse the performance of JB HiFi and whether or not it is in danger of becoming insolvent. Essential elements of the essay are:

1. In defining the context you must calculate all the liquidity ratios covered in class, and the Altman’s Z-score for JB HiFi and its major competitor Harvey Norman Holdings for at least the past three years.

2. From the context of the liquidity ratios, identify and provide reasons for selecting three core financial performance issues that JB HiFi should address to improve their financial performance and lower the risk of insolvency.

3. Further discuss the strengths and weaknesses of the three key performance issues compared to its major competitor Harvey Norman Holdings by referring to data from the financial report, operating and financial reviews and comparisons with retail industry benchmarks.

4. To conclude the essay, identify what the most important financial performance issue JB HiFi needs to address to prevent potential insolvency.

5. In your closing self-reflection, outline some critical concerns about the role played by financial and non-financial information found in corporate annual reports. A reference list is required and does not form part of the word count.It is required that you use EndNote for referencing and the APA 6th Style for your reference list.

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency