Prepare a brief report on Avon Products, Inc. (NYSE:AVP) using the information in the attached Table 1.1 (B&H textbook) and financial statement information for Avon Products available at www.finance.yahoo.com, calculate common financial ratios for the years 2012, 2013 and 2014.
Based on the computations, did Avon's financial performance improve, weaken, or remain about the same over the period? Were any issues detected for top management action? Explain your findings in several short paragraphs incorporating statistical references. Attach an appendix table with the computed figures and source references.© BrainMass Inc. brainmass.com October 10, 2019, 8:09 am ad1c9bdddf
The response addresses the query posted in 708 words with APA references
//The financial performance of the company can be analyzed with the help of ratio analysis. In this context, in the following discussion, the financial performance of Avon Products Inc. has been analyzed by calculating various ratios such as the return on equity, return on assets, gross profit ratio and few others. Further, the discussion also explores the important issues for top management action.//
The ratio analysis is considered to be an important tool for evaluating the financial performance and position of a company. To state whether the financial performance of Avon Products Inc. has improved or deteriorated over the period of three years ranging from 2012 to 2014, the financial ratios such as return on equity, return on assets, gross profit ratio and few others, which explains the financial position of the company has been taken into consideration.
Overview of the Financial Performance:
The return on equity of Avon Products Inc. for the year 2012 was -3.49%, which means that the company's ...
The expert provides a brief report on Avon Products, Inc. The response addresses the query posted in 708 words with APA references.