accounting

Use the ‘ABC Learning’ and ‘One Tel’ documentaries1 to identify:• issues that led to the corporations collapse• financial statement (s) and/or other sources of information that contain any earlier signs of the businesses’ failure• financial ratios that can be used to detect early signs of these issuesSummarise your findings in the table attached, recording the first issues that both companies had in common followed by the issues unique for each company. Use a ‘bullet point’ format and record one issue per line.Analytical Summary of the Corporate Collapse StudyABC LearningOne TelRatiosIssueSources of informationIssueSources of informationIn 3-5 lines, provide your recommendations on how to avoid these bankruptcies.