Case Study 1 Harris ple (public limited company) operates a large chain of retail stores. The financial statements for this company are given below for the two years ended 31 December for each of the last two years. Harris ple Dividends were paid on ordinary shares of 65 million and 75 million in respect of the year before last and last year, respectively. Required: (a) Choose and calculate ratios that would be helpful in assessing the performance of Harris plc. Use end-of-year values and calculate ratios for both years. (b) Using the ratios calculated in (a), comment on the business's performance from the viewpoint of a prospective purchaser of a majority of shares. According to you, which missing information(s) would be useful to say if an investment should be made or not? Case Study 1 Harris ple (public limited company) operates a large chain of retail stores. The financial statements for this company are given below for the two years ended 31 December for each of the last two years. Harris ple Dividends were paid on ordinary shares of 65 million and 75 million in respect of the year before last and last year, respectively. Required: (a) Choose and calculate ratios that would be helpful in assessing the performance of Harris plc. Use end-of-year values and calculate ratios for both years. (b) Using the ratios calculated in (a), comment on the business's performance from the viewpoint of a prospective purchaser of a majority of shares. According to you, which missing information(s) would be useful to say if an investment should be made or not