TITLE- FINANCIAL REPORT OF QANTAS AND HARVEY NORMAN Contents Executive Summary 3 Introduction 4 Comparison between the companies 5 Recommendation 10 Conclusion 10 References 10 Executive Summary Our aim of this report is to provide an important information to make it easier to decide about investing in Harvey norman or Qantas Airways Pty Ltd. The financial performance and financial position of both companies are determined by performing and interpreting financial ratios. Ratio analysis of the financial statements of the two companies are being used in this report . This report provides information that is vital to a client who surveyed investing in each of the company. The report offers appropriate …show more content…
Global Reviews: Best Digital Customer Experience in Ecommerce 2013 2. Online Retail Industry Awards (ORIA): Best Multichannel Retailer 2013 3 . Australian Mobile Awards: Online Shopping & Payments 2012 Qantas airways was established in 1920 and having it`s headquarter is in Mascot, Australia. The transportation of passengers is seen to be the main business of Qantas Airways Limited. It has two airlines: Qantas and Jetstar both of which operates regionally, domestic and at international services. However, the company operates in other specialist markets like Qantas catering and Qantas holidays. The company has a strategy of reducing the intensity of capital. By 30th June 2011 the company operated 278 fleet passengers and five freighter aircrafts. Comparison between the companies Both the companies are from different sectors of the economy. Therefore, the companies can be best compared by using ratio analysis as opposed to their volume of trade. As per the observation of ratio analysis, which makes it easy in evaluating the financial performance of a business. The ratios that will be used in this report help to determine the profitability, efficiency, financial stability and share performance of the two companies. HARVEY NORMAN ASSESTS