An investigation into the financial performance of Dickie Dirt Ltd. The report also includes accounting ratio analysis of the company over the past three years.

1. Terms of Reference

Exodus Venture Capital Ltd has requested this report to disseminate information with the aid of accounting ratio analysis Dickie Dirt's financial performance over the past three years. The author was requested to ascertain the company's financial state identifying any limitations and assumptions made. The submission date is for the fifteenth of December 2003.

2. Procedure.

The author, in order to complete the report studied several texts with regards to financial management. The author also researched many useful websites and journals with regards to accounting ratio analysis. Also all formulas used throughout the report can be found in the appendices section found at the closing part the report.

3. Findings.
3. 1 Ratio Analysis

According to Southworth, J (1997) financial ratio analysis is the calculation and comparison...