Balance Sheet Analysis (guideline approximately 35% of report) Analyse the 2020 (and 2019 if…

Balance Sheet Analysis (guideline approximately 35% of report) Analyse the 2020 (and 2019 if needed) financial statements, and supporting notesfrom the Annual Report, for Zip Co Ltd and allocate the assets and liabilities fromthe balance sheet into current and non-current. Provide brief supporting justificationsfor your allocation.

Part B (12 marks): 1. Financial Statement Analysis (guideline approx. 55% of report) Using the 2020 (and 2019 if needed) Annual Reports of Zip Co Ltd (links availablefrom ‘Additional Assignment Resources’), prepare an analysis of the most relevantset of ratios to achieve the purpose identified in Part A: Overview. A maximum of 6ratios only can be used (this does not include any common size or percentageanalysis of the financial statements if you wish to also use this). Justify (usingauthoritative sources) how your choice of ratios will achieve the purpose of thereport. Clearly identify any assumptions made and justify conclusions reached. Include only a summary of the ratio values in the body of the report. Any detailed calculations should appear in Appendix 1.