Welcome to this worksheet on financial analysis, where we delve into the crucial aspects of assessing a company's financial health and performance. This case study focuses on the role of key financial statements, including the profit and loss account, and the significance of financial ratios such as profitability and gearing ratios. By exploring these concepts, you'll gain insights into how businesses are evaluated and the implications of financial metrics for stakeholders. Engage with the questions to understand how these tools help in making informed business decisions.