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Identify the current financial position of this limited company, supported by relevant analysis which should include reference to the financial position of the company, based
Identify the current financial position of this limited company, supported by relevant analysis which should include reference to the financial position of the company, based on the information provided to you at Appendix 1. Include a table showing the Debt Equity Ratio, Current ratio, interest ratio and Gross profit margin, for the years 2020, 2021 and 2022.
Appendix 1 Appendix 1 Appendix 1 2. Non Current Assets Non-current assets are shown at their written down values. 3. Land and Buildings Land and Buildings have a market value of 50 million as at 30 June 2022 4. Other Payables The firm has set asset 5m under other payables which they expect to pay out in damages in an ongoing court case which will be concluded by the end of 2022. 5. Loan Notes The loan notes are secured on all of the firm's non-current assets 6. Dividends Dividends of 8.2m were declared in FY20, 6.1m in FY21 and 3m in FY22
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