a) Evaluate the working capital efficiency of Santos in 2014 as compared to 2013 by referring to Source 1. (10 marks) b) Assess Santos’ short term liquidity based on 2014 financial figures. (2 marks) c) What type of financing strategy do you believe Santos is taking to fund its working capital over 2013-2014 based on their financial risk management in the 2014 Annual Report? (3 marks) d) What is a convertible bond and why is it a hybrid security? (3 marks) e) In 2014 is Santos financing using predominantly long-term or short-term debt? Are ... More