Use the information below to analyse and report on the performance of Meg plc, during...
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Finance
Use the information below to analyse and report on the performance of Meg plc, during 2020, and the risks it faces in the future. Assume all the operating expenses are fixed costs. (1500 words)
Interpret and analyse a company income statement, statement of financial position and statement of cash flows.
Perform simple cost-volume-profit analysis.
+ Income Statement for Meg pls 2020 2019 m m 11.058 10,531 (8.873) (8,371) 2,185 2,160 (1,876) (1.839) Sales Revenue Cost of Sales Gross Profit Expenses Operating expenses Operating profit Interest paid Profit before Taxation Taxation Profit for the year Statement of Financial Position for Meg plc at the end of 2020 309 (16) 293 (56) 237 321 (32) 289 (55) 234 m Non-Current Assets m 4,700 Inventory Receivables Cash at Bank Current Assets 1,140 1,200 220 2,560 Total Assets 7,260 Share capital Reserves Equity 2,260 940 3200 Non-Current Liabilities Long-term loans 1,380 Trade payables Tax payable Short-term borrowing Current Liabilities 2,550 70 60 2.680 Total equity and liabilities 7.260
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