Calculate the Z score of each company based on the most recent financial results.

You will be presented with summarised financial statements of two companies. You will have a unique assessment due to its mix of company financial statements.

The first company details
https://docs.investornetwork.com/content/3413/537d9b6c927223c796cac288cced29df.pdf

The second company details
https://docs.investornetwork.com/content/3422/9de6d14fff9806d4bcd1ef555be766cd.pdf

Required:
Answer all parts of this assessment. Assuming you are employed as an accountant for a company, you are to provide advice to your Board of Directors.
You are to prepare a report to analyse the results of the companies that you have been given, calculating as many ratios as you consider appropriate.
This report should look at all aspects of the companies, including:

Part A (40 marks)
Should your company accept each of these companies as your customer? If so, discuss any sales policies that must be introduced.

Part B (40 marks)
Calculate and provide advice on the following:
1) What value would you give to a 10% shareholding in these companies? Should your company buy shares in these companies?
2) Prepare the 2015 Cash Flow Statement for each company.
3) Calculate the Z score of each company based on the most recent financial results.

Part C (10 marks)
If your company were to acquire one or more of the companies, recommend areas of each business that can be improved using budgets.

The remaining 10 marks will be awarded for the presentation and layout of your report.