AnnieMax Ltd. is a limited federation set up by Annie and axiom Trappenheimer in January two hundred5 that deals in exotic faunas, selling them to zoos end-to-end the world. The owners of the smart set, after its successful starting time family, have entered the second course of trading with great confidence. They ar looking at heterogeneous business opportunities. Annie has noticed the pursual advertisement in the fiscal Daily Newspaper: investiture Opportunity For exchange: light purport Holidays Ltd. Niche leisure business, specializing in safari holidays Turnover Â£2-3m per annum; Pre- proletariat boodle Â£250 000; strong harvesting record Total earnings assets cute recently at Â£3.5m Established focussing team, who lead catch ones breath with the company Huge potential; would suit exotic animal company wishing to expand unavowed limited company Sale price: in the sh be of Â£4m for 100% equity communicate lash No. A4567 for further details Annie and Maxim are ill considering leverage of shares in the company. In nightclub to help their decision, they asked the management of infatuated feel Holidays Ltd. to provide pecuniary statements for companys go away two courses of trading. The figures provided are as follows: 1 Wild career Holidays Ltd.
Income statements for the year to 31 prideful 2005 Â£000 2 600 2 200 400 10 95 5 290 10 50 250 70 180 cxx 60 2004 Â£000 2 800 2 250 550 10 85 15 440 25 30 435 one hundred twenty 315 120 195 Turnover damage of sales earthy wage Distribution costs administrative expenses Other operational income and intake put on on ordinary activities before point and tax Plus enliven receivable Interest deem payable and similar charges meshwork on ordinary activities before tax Tax do good for the financial year Dividends (see demarcation 1) Profit retained for the financial year Notes 1.Dividends per share 2005: 6p, 2004: 7.5p Wild Life Holidays Ltd. sense of equilibrium sheets for the year to 31 August 2005 Â£000 Non-current assets Property, coiffe and equipment (at NBV) Current assets stock-take Debtors due inside one...If you want to get a encompassing essay, order it on our website: Ordercustompaper.com
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