How would you rate the long-term solvency position of Montgomery Organizations plc between 2012 and 2015? Provide
Question:
How would you rate the long-term solvency position of Montgomery Organizations plc between 2012 and 2015? Provide a brief report of the company’s long-term solvency over time.
Montgomery Organizations plc, whose annual accounts are given below. The firm has 14,685,856 shares and the share price is £2.78.
Transcribed Image Text:
Fixed Assets ( millions) Tangible assets Land and buildings Freehold land Fixtures and fittings Plant and vehicles Fixed Assets ( millions) Plant Intangible assets Investments Fixed assets Current Assets Stock and WIP Stock WIP Finished goods Trade debtors Bank and deposits Other current assets Group loans (asset) Directors loans (asset) Other debtors Prepayments Current assets Current Liabilities Trade creditors Short-term loans and overdrafts Bank overdrafts Group loans (short t.) Director loans (short t.) Hire purch, and leas. (short t.) Hire purchase (short t.) Leasing (short t.) Other short-term loans Total other current liabilities Corpora Dividends Accruals and def. inc. (sh. t.) Social securities and VAT Other current liabilities Current liabilities Net current assets (liab.) Net tangible assets (liab.) Working capital Total assets Total assets less cur. liab. Long-Term Liabilities Provisions for other liab. Deferred tax Other provisions Pension liabilities Long-term liabilities Total assets less liabilities Shareholders Funds Issued capital Ordinary shares Preference shares Other shares Total reserves Share premium account Profit (loss) account Other reserves 2015 164 71 71 78 15 2015 15 832 520 1,517 Depreciation 2 47 662 618 0 12 32 711 -7 -1,924 0 -1,923 0 0 0 -105 -29 0 -33 -19 -25 -2,035 -1,324 -639 -1,324 2,228 193 -12 -12 Shareholders' funds Turnover Cost of sales Gross profit Administration expenses Other operating income pre OP Exceptional items pre OP Operating profit Other income Total other income and int. received. Exceptional items Profit (loss) before interest paid Interest received Interest paid Other Interest paid Net interest Profit (loss) before tax Taxation Profit (loss) after tax Dividends Retained profit (loss) -23 -35 158 1 1 ******* **** ***** -13,932 26 2014 167 70 70 81 15 2014 15 832 521 1,520 4 58 35 0 0 5 30 97 -10 -1,325 0 -1,324 0 -1 0 -78 -28 0 -21 -18 -11 -1,413 -1,316 -628 -1,316 1,617 204 -13 -13 -31 -44 160 1 1 ******** **** **555*1861 A 13.480 -12,870 2013 180 68 93 19 2013 832 509 1,521 43 28 0 0 28 72 * T F 4 -1,260 -1,259 -102 -1,376 -1,304 -615 -1,304 1,593 217 -31 -13 -19 -31 186 184 3 180 1 180 13,337 -12,708 629 -369 260 30 30 -16 274 -84 -84 190 -49 141 -150 -9 30 832 518 1,538 209 3 205 1 2012 188 66 210 7,127 -6,800 103 19 2012 327 -502 -1,255 0 -1,255 0 0 -175 486 486 -18 293 1 1 0 -102 -29 -92 0 -92 201 -18 183 -20 163 1 -1,374 -1,313 -607 -1,313 1,599 225 26 34 26 0 0 26 -14 -12 -2 61 -14 210 -18 0 -37 -21 -15
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Corporate Finance
ISBN: 9780077173630
3rd Edition
Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe
Question Posted:
Students also viewed these Business questions
-
Liquidity How would you rate the liquidity position of Montgomery Organizations plc between 2012 and 2015? Provide a brief report of the companys liquidity over time. Montgomery Organizations plc,...
-
What is the profitability of Montgomery Organizations plc like over the period 2012 and 2015? Provide a brief report of the companys profitability over time. Do profitability ratios give a good...
-
How efficient have Montgomery Organizations plcs operations been during 2015? Provide a brief report of the companys asset efficiency over time. Montgomery Organizations plc, whose annual accounts...
-
A certain apple bruises if a net force greater than 9 . 5 N is exerted on it . Would a 0 . 1 3 k g apple be likely to bruise if it falls 1 . 8 m and stops after sinking 0 . 0 5 m into the grass?...
-
High Noon Sun, Inc. has a 5 percent, semiannual coupon bond with a current market price of $988.52. The bond has a par value of $1,000 and a yield to maturity of 5.29 percent. How many years is it...
-
Mr. and Mrs. Jerald own a dry cleaning business that generates $125,000 taxable income each year. For the past few years, the couples federal tax rate on this income has been 32 percent. Congress...
-
Explain the difference between requirements discovery and requirements gathering in general. Provide an example that clarifies the distinction between the two.
-
The accountant for a subunit of Anderson Sports Company went on vacation before completing the subunits monthly performance report. This is as far as she got: Requirements 1. Complete the performance...
-
Question 10 of 11 < > -/3 E A Here are comparative financial statement data for Blossom Company and Crane Company, two competitors. All data are as of December 31, 2022, and December 31, 2021....
-
Provide an overview on the companys relative market valuation over the period 20122015. What can be inferred from the companys relative market valuation? Montgomery Organizations plc, whose annual...
-
Construct common-size statements for Montgomery Organizations plc. Montgomery Organizations plc, whose annual accounts are given below. The firm has 14,685,856 shares and the share price is 2.78....
-
Decide which of the following statements are true and which are false. Prove the true ones and give counterexamples to the false ones. a) If a > 0 and b 0, then (a + b) n > b n for all n N. b) If a...
-
Scenario: You are working for a company that is hoping to adapt a short story into a film. Your supervising director had not read "The Happy Prince" by Oscar Wilde, and since she doesn't have time to...
-
A credit union's Rate-Climber GIC pays rates of 3%, 3.5%, and 4% compounded semiannually in successive years of a three-year term How much interest will be earned in the second year, if $13,000 is...
-
How does organizational culture intersect with broader societal norms, values, and trends, and what challenges and opportunities does this present for fostering inclusivity, diversity, and ethical...
-
The following is a list of items that could be included in the intangible assets section of the balance sheet. (a) Indicate which items on the list below would generally be reported as intangible...
-
The Big Beaver Company is trying to choose between the following two mutually exclusive projects: Cash Flow (A) Cash Flow (B) Year 0 -$15,000 -$2,000 1 8,500 2,500 2 8,500 2,500 3 8,500 2,500 A. If...
-
Ethical Issue: What is puffery, and how can it be justified in marketing messages? Consider the following: Dr. Phil calls himself Americas most trusted relationship counselor. Rush Limbaugh claims to...
-
Find the center of mass of a thin triangular plate bounded by the y-axis and the lines y = x and y = 2 - x if (x, y) = 6x + 3y + 3.
-
Dividends and Retained Earnings Suppose the firm in Problem 2 paid out $86,000 in cash dividends. What is the addition to retained earnings?
-
Per-Share Earnings and Dividends suppose the firm in Problem 3 had 30,000 shares of common stock outstanding. What are the earnings per share, or EPS, figure? What are the dividends per share figure?
-
Market Values and Book Values Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $7 million. The machinery can be sold to the Romulans today for $3.7 million. Klingons...
-
How much will $1,516 become if discounted 6.32% per year for 7 years?
-
The quality-control department of Starr Communications, the manufacturer of video-game DVDs, has determined from records that 1.6% of the DVDS sold have video defects, 0.9% have audio defects, and...
-
What is the half-life in hours of procainamide in a patient whose total clearance is estimated to be 20 L/h and the volume of distribution is 120 L assuming one compartment, open model, first- order...
Study smarter with the SolutionInn App