The financial statements of M&S (GBR) are presented in Appendix A. The company's complete annual report, including the notes to the financial statements, is available online.
Instructions
Refer to M&S's financial statements and the accompanying notes to answer the following questions.
a. What cash outflow obligations related to the repayment of long-term debt does M&S have over the next 5 years?
b. M&S indicates that it believes that it has the ability to meet business requirements in the foreseeable future. Prepare an assessment of its liquidity, solvency, and financial flexibility using ratio analysis.