Accounting and Making Financial Decision - PDF
Added on 2020-10-04
9 Pages1768 Words253 Views
ACCOUNTING AND MAKINGFINANCIAL DECISION
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................11. Summarising net profit attained by banks with horizontal and vertical comparison..............12. Evaluating financial liquidity of each bank with horizontal and vertical comparison............33. Advising manager of NAB to undertake investment decisions on basis of common featuresof investment...............................................................................................................................5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................7
INTRODUCTIONAccounting and financial decision making are very important for every industry andespecially for banking sector. The present report will give brief discussion about net profitattained for National Australian bank, Westpac banking corporation and ANZ over 2016, 2017and 2018. On basis of financial statements, it will evaluate financial liquidity ratios withcomparison of implying horizontal and vertical statement. It will provide advise to manager ofNAB regarding foreign and domestic investment decisions.1. Summarising net profit attained by banks with horizontal and vertical comparisonHorizontal comparisonHorizontalNAB20162017% changein 201720172018% change in2018Sales(Revenue)2088616616-20.44%16616174665.12%Net Income35252851401.42%528555545.09%WBC20162017% changein 201720172018% change in2018Sales(Revenue)20954215062.63%21506221523.00%Net Income744579907.32%799080951.31%ANZ20162017% changein 201720172018% change in2018Sales(Revenue)20693212842.86%2128418177-14.60%Net Income5709640612.21%64066400-0.09%2017NABWBCANZSales (Revenue)-20.44%2.63%2.86%Net Income1401.42%7.32%12.21%1
End of preview
Want to access all the pages? Upload your documents or become a member.