Your task is to examine the 2018 annual reports of both ‘Adelaide Brighton Ltd.’ and ‘Alumina…

Assignment question Your task is to examine the 2018 annual reports of both ‘Adelaide Brighton Ltd.’ and ‘Alumina Ltd. and present your answers to following questions in the form of an executive report which will cover quantitative performance elements in a logical cohesive format. 1. Outline the method used in presenting the statement of cash flows for each company. If the direct method is used, identify whether an appropriate reconciliation has been reported in the notes to the accounts. 2. Examine the information in relation to cash flow from operating activities, cash flow from investing activities and cash flow from financing activitiesretrieved from the ‘Adelaide Brighton Ltd.’ and, ‘Alumina Ltd. on 2018 financial reports. 3. Undertake an analysis of the cash flow information given for ‘Adelaide Brighton Ltd.’and, ‘Alumina Ltd. on 2018. Include in this analysis the computation of measuring Cash Adequacy Ratio, Cash Flow Ratio (Liquidity), Debt Coverage Ratio (Solvency), Cash Flow to Sales Ratio (Profitability) 4. Based on the analysis,you are required to make conclusions and recommendation which willanswer the following questions: i. Which business would you expect to be a better short-term credit risk? ii. Do you think both companies have adequate cash resources? iii. Assess both companies’ ability to survive in the longer term? iv. Which company is better at generating cash from their sales revenue? (Word limit is 1500 words). Please use the figures provided in the 2018 annual reports which you can find out from the ASX and other web sites as mentioned below. ‘Adelaide Brighton Ltd.’ https://adbri.com.au/-/adbri/lib/pdfs/2016/asx%20announcements/ASX%20-%202018%20Annual%20Report%20to%20Shareholders%20100419.pdf