Both companies have similarities on accounting policies and adaptation. 1 Increase in estimated doubtful debts. 2 Lack of non-recurring gains as I mentioned in my earlier blog. 3 The financial statements have been prepared in accordance with NZ GAAP. Accounting policies applied in these financial statements comply with NZ IFRS and NZ IFRIC interpretations.

From the financial diary 3, we analysis the risk, profitability, earning quality, cash flow and preliminary ratios. after these analysis, we can easy to see . the NPX has better performance than FBU. at risk, profitability, cash flow and prospective these parts. NPX all have favorable factors compare with FBU. At Liquidity ratio, first is current ratio, current ratio is A liquidity rat.

Prior to my teams workshop presentation. We were asked to meet the group during the break time. A week prior to the semester re-opening we met and decided what can be done, who is doing what and why they chose that part.

I also brought shares in these companies with a long term goal in mind these shares at present have fallen below the price I originally paid.