Study the capital structures of two companies, a bank and a manufacturing company, from the S&P/ASX 200 index in Australia over the past three years. Identify the discernible differences in the capital structures of these two companies and explain the differences you have identified. You should provide summary information about the companies, including the names, stock codes, brief financial data (assets, liabilities, etc.) and capital structure over the past three years.
(Hint: the name list of the component companies for S&P/ASX 200 index can be found on: http://au.finance.yahoo.com/q/cp?s=%5EAXJO )
The manufacturing company chosen is the ABB Grain Limited and the bank chosen for this study is ANZ Banking Group Limited and the stock codes are ABB.AX and ANZ.AX respectively.The capital structures of these two companies are analysed and summary information is included. The capital structure differences are analysed in detail in the solution.
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