Question: Step by step solution needed for each part with answers thanks A plc is a large retailer and it is concerned about its position in

Step by step solution needed for each part with answers thanks

A plc is a large retailer and it is concerned about its position in the retail sector. The directors have asked you to carry out a comparison with its main competitor, B plc, and wish to gain some insight in order to improve its own performance. The following information is available for the two companies Statement of profit or loss for the year ended 31st March 2015 B plc m 150 (54) 132 (66) Turnover Cost of sales Distribution expenses Admin costs Operating profit (15) (25) m 144 B plc Em 40 Tangible non current assets Current assets Inventories Trade receivables Bank TOTAL ASSETS Equity Current liabilities Trade payables TOTAL EQUITY & LIABILITIES 4 4 163 160 48 163 Compare the two businesses highlighting and briefly discussing the main differences using relevant ratios. (10 marks)

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