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Additional Notes: 1. The share capital is made up of 0.50 ordinary shares. 2. The market value of the shares at the end of the
Additional Notes: 1. The share capital is made up of 0.50 ordinary shares. 2. The market value of the shares at the end of the reporting period was 2.25 in 2022 and 0.61 in 2023. 3. Total dividends paid were 45.5625m in 2022 and 4.365m in 2023. 4. All sales and purchases are made on credit. 5. The business invested substantially in improved logistics and distribution during 2023. Required: a) Using the information given above, provide an overview of what has been happening at Mabel plc without using ratios. [10 marks] b) Now, using relevant ratios, explain what important information can be obtained from these financial statements from the perspective of: i. a prospective supplier to Mabel plc ii. a bank, which is considering offering a loan to Mabel plc iii. an investor, who is considering buying shares in Mabel plc iv. a competitor company, which is considering a takeover of Mabel plc [40 marks]
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