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Question one ABx is an automobile manufacturing company listed on the London Stock Exchange ( LSE ) . Prior to 2 0 1 7 ,
Question one
ABx is an automobile manufacturing company listed on the London Stock Exchange LSE Prior to the company suffered from a steady decline in profitability. This led to a deterioration in shareholders' confidence and a drop in the company's market value. To mitigate the situation and restore shareholders' confidence, early in ABX elected a new CEO. The new CEO promised to restore shareholders" value by improving the company's profitability and raising the Earning Per Share EPS value by percent over a period of eight years ie until Q The following table provides extracts from ABx s financial statements from quarter of the financial years ended st December and December
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