What is the effective tax rate for Montgomery Organizations plc for each year? Montgomery Organizations plc, whose
Question:
What is the effective tax rate for Montgomery Organizations plc for each year?
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% (2 reviews)
Answered By
Aqib Parvej
I am teaching since my graduation time so I have teaching experience of about 5 years and in these years I learn to teach in the best and interesting way .
4.80+
20+ Reviews
41+ 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
-
What is the net working capital of Montgomery Organizations plc in each year? What is the cause of the figures? Is this a healthy situation for the firm? Explain. Montgomery Organizations plc, whose...
-
How would you rate the long-term solvency position of Montgomery Organizations plc between 2012 and 2015? Provide a brief report of the companys long-term solvency over time. Montgomery Organizations...
-
26. With its current leverage, Impi Corporation will have net income next year of 4.5 million. If Impis corporate tax rate is 35% and pay 8% interest on its debt, how much additional debt can Impi...
-
Derek and Wes take a photograph of a lake at the same angle and the same time of day. Derek's picture comes out with crisp edges around objects in the photo. Wes's picture seems to blur the outlines...
-
Does the financial manager have a greater responsibility or a lesser responsibility for maintaining ethical corporate governance?
-
oin What is the portfolio beta if 25% of your funds are invested in the market portfolio, 25% in an asset with twice as much risk as the market portfolio, 25% in T-bills and the rest in an asset with...
-
Event A: rolling a 2
-
Calculate the gravitational field vector due to a homogeneous cylinder at exterior points on the axis of the cylinder. Perform the calculation (a) By computing the force directly and (b) By computing...
-
Consider Anne who lives for two periods, t and t2. She receives an endowment of 100 each period. She faces a fixed borrowing interest rate of 6% and a fixed lending interest rate of 5%. Her...
-
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....
-
Earnings per share What is the earnings per share for each year between 2012 and 2015 for Montgomery Organizations plc? What is your interpretation of these figures? Is EPS a reliable measure of...
-
Air at 14.7 psia and 70 8F has a relative humidity of 70%. The air is cooled in a constant-pressure process until the water begins to condense. Determine the final temperature of this mixture.
-
The copper coil placed inside a stove with the purpose of heating water that flows through the coil. The coil is made from copper tube with an OD of 1 2 . 7 0 mm and ID of 1 1 . 0 8 mm . Water enters...
-
Confidence Levels Given specific sample data, such as the data given in Exercise 1, which confidence interval is wider: the 95% confidence interval or the 80% confidence interval? Why is it wider?
-
Yellow M&Ms Express the confidence interval (0.0847, 0.153) in the form of P - E < p < p + E. 12. Blue M&Ms Express the confidence interval 0.255 (+-) 0.046 in the form of P - E < p < p + E.
-
An ideal, noble gas with a mass of 97.2 g at 25 C and a pressure of 608 torr has a volume of 22.7 L. 1. What is the pressure (in atm)? SHOW ALL WORK. 2. What is R (number and units)? 3. What is the...
-
A drug is used to help prevent blood clots in certain patients. In clinical trials, among 4705 patients treated with the drug, 170 developed the adverse reaction of nausea. Construct a 95% confidence...
-
Calculate the pH of a solution obtained by mixing 500.0 mL of 0.10 M NH3 with 200.0 mL of 0.15 M HCl.
-
Consider the function f and its graph. a. Estimate the zeros of the area function b. Estimate the points (if any) at which A has a local maximum or minimum. c. Sketch a graph of A, for 0 x 10,...
-
Calculating Total Cash Flows Bedrock Gravel Corp. shows the following information on its 2007 income statement: sales $162,000; costs = $93,000; other expenses = $5,100: depreciation expense =...
-
Using Income Statements Given the following information for Mama Mia Pizza Co., calculate the depreciation expense: sales = $34,000; costs = $16,000; addition to retained earnings = $4,300; dividends...
-
Preparing a Balance Sheet Prepare a 2007 balance sheet for Haltiwanger Corp. based on the following information: cash = $210,000; patents and copyrights $720,000; accounts payable = $430,000;...
-
Discuss American History
-
Your firm has developed a new lithium ion battery polymer that could enhance the performance of lithion ion batteries. These batteries have applications in many markets including cellphones, laptops,...
-
Need help analyzing statistical data 1. ANOVA) True or false: If we assume a 95% confidence level, there is a significant difference in performance generally across all groups. 2. (t-test) True or...
Study smarter with the SolutionInn App