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calculate as many accounting ratios as possible for the year 2019, 2020 and 2021 and explain how these rations are evidence of a cashflow crisis

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calculate as many accounting ratios as possible for the year 2019, 2020 and 2021 and explain how these rations are evidence of a "cashflow crisis" for Stagecoach.

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UK transport Crisis STAGECOACH is in talks over a potential takeover by rival National Express that would bring together two of Britain's largest transport groups. The deal which would value Stagecoach at 4450million, would result in National Express owning about 75% of the new combined com panv. Both groups have been hit by the pandemic, with passenger numbers slumping due to lockdowns, remote working, and a switch away from public transport. The merger would help them to slash costs, with National Express saving it expects to find annual savings of at least 350mi|lion, with around 25% of that achieved by the end of first year. 2019 2020 2021 Sales 5000 5500 5600 Cost of Sales -2050 -2500 -2600 Profit and Gross Profit 2950 3000 3000 Distribution and Admin Expenses -1000 -1000 -1100 Loss Operating Profit 1950 2000 1900 Other Costs (incl. depreciation) -550 -650 -750 Account for Profit before Interest and Tax 1400 1350 1150 Interest Income 70 100 200 the year Interest Expense -120 -180 -300 Net Interest -50 -80 -100 Profit before Tax ended 2021 1350 1270 1050 Tax -300 -250 -230 Profit after Tax 1050 1020 820 Dividends -300 -220 -120 Retained Profit 750 800 700Balance Sheet on31St December 2021 (million) Fixed Assets Current Assets Stocks 7 Debtors 7 Cash Total Current Assets Current Liabilities Net Current Assets Total Assets 7 Less Current Liabilities Long term liabilities - Long term debt Net Assets Capital and Reserves Share capital 7 Retained profits Total Equity Number of issued shares 2019 1200 1000 500 300 1800 950 850 3000 2050 800 1250 500 750 1250 100 million 2020 1800 1150 550 450 2 15 1000 1150 39 50 29 50 900 2050 500 15 50 2050 100 million 2021 2400 1250 700 600 255 1100 1450 4950 3850 1000 2'50 600 2250 2850 120 million

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