The summarized balance sheets of three businesses in the same industry are shown below for 200X.

The operating profit and sales for the three companies for the years in question were:

The companies had different treatments for the intangibles. Company A is amortizing this at £10 000 per annum and company Cat £2000 per annum. Company B has written off goodwill of £40 000 to retained profits in the year. Included in the depreciation expense of company A is an extra £4000 over and above the historical cost depreciation caused by an earlier revaluation of its premises.
Appraise the financial performance and stability of each of these three companies within the limits of the information given.

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100 886 Intangibles Tangible fixed assets Current assets Current liabilities 582 580 950 1 054 1 004 (470) 1 436 (252) 910 (20) (50) 100) 1336 200 Long-term liabilities 40 Share capital Revaluation reserve Retained profits 1 056 704 890 Operating profit Sales 282 2 100 194 500 148 1750