Presented below is the clied balance sheet for one of businesses ABC PLC Consolidated Balance Sheet at December 31, 2019 CAPITAL EMPLOYED Fixed Assets Intangible Awets Tangible Assets Investments 216,7 M 1,017, Current Assets Stock Debtors Cash 3739 6242 175.6 1,173,7 Current Liabilities Creditors amounts falling due within one year Net current Totallenc ent liabilities Creditor: amounts falling due after more than one year Provisions for liabilities and charges 671.4 1.6892 777,3 Net Assets CAPITAL AND RESERVES Called up share capital Ordinary shares Convertible cumulative preference shares Redeemable convertible cumulative preference shares 347 375. 161,9 Share premium account Capital redemption reserve Ownshares Prowd loss account Shareholders' Funds Equity shareholders' funde Non equity shareholders and 4018 337,2 Equity minority interest 744.0 33.3 7773 Required 1. Identify how format of the above classified balance sheet provides useful information (1 2. Identify at least three differences in balance sheet reporting between British and US fins shown in the above balance sheet (1.5 mark) 3. Calculate at least three financial ratios by using the information available in the above format of blocs shes:15. mark Presented below is the clied balance sheet for one of businesses ABC PLC Consolidated Balance Sheet at December 31, 2019 CAPITAL EMPLOYED Fixed Assets Intangible Awets Tangible Assets Investments 216,7 M 1,017, Current Assets Stock Debtors Cash 3739 6242 175.6 1,173,7 Current Liabilities Creditors amounts falling due within one year Net current Totallenc ent liabilities Creditor: amounts falling due after more than one year Provisions for liabilities and charges 671.4 1.6892 777,3 Net Assets CAPITAL AND RESERVES Called up share capital Ordinary shares Convertible cumulative preference shares Redeemable convertible cumulative preference shares 347 375. 161,9 Share premium account Capital redemption reserve Ownshares Prowd loss account Shareholders' Funds Equity shareholders' funde Non equity shareholders and 4018 337,2 Equity minority interest 744.0 33.3 7773 Required 1. Identify how format of the above classified balance sheet provides useful information (1 2. Identify at least three differences in balance sheet reporting between British and US fins shown in the above balance sheet (1.5 mark) 3. Calculate at least three financial ratios by using the information available in the above format of blocs shes:15. mark