Choose two of the UK'S Top three Telecoms companies from the list provided (Vodafone, BT Group & BSKYB) and download the companies' annual reports from the following links: • BT Group PLC ◄ • • Vodafone PLC ◄ Produce the 2013, 2014 and 2015 ratio table for the companies you have chosen from the list above (Profitability, Liquidity and Efficiency ratios as performed in class.) Based on these ratios and any other additional information available from the annual reports, compile a report comparing the performance of the companies selected. COMPANY ANNUAL REPORT 2013 2014 2015 BT Group PLC – Profitability Margin Operating Profit Margin Net Profit Margin Return on Capital Employed BT Group PLC – Liquidity Ratios Current Return Quick/Acid Test Ratios BT Group PLC – Efficiency Ratios Inventory Turn over / Stock Turn over Receivable Collection Period Trade Payable Period Assets Turn-over COMPANY ANNUAL REPORT 2013 2014 2015 VODAFONE Group PLC – Profitability Margin Operating Profit Margin Net Profit Margin Return on Capital Employed VODAFONE Group PLC – Liquidity Ratios Current Return Quick/Acid Test Ratios VODAFONE Group PLC – Efficiency Ratios Inventory Turn over / Stock Turn over Receivable Collection Period Trade Payable Period Assets Turn-over Produce the 2013, 2014 and 2015 ratio table for the companies you have chosen from the list above (Profitability, Liquidity and Efficiency ratios as performed in class.) Based on these ratios and any other additional information available from the annual reports, compile a report comparing the performance of the companies selected. Write a report to compare, recommend and give conclusion.