(ii) the recent financial performance of Merton plc from a shareholder perspective. Clearly identify any
issues that you consider should be brought to the attention of the ordinary shareholders. (15 marks)
正确答案：(ii) Discussion of financial performanceIt is clear that 2006 has been a difficult year for Merton plc. There are very few areas of interest to shareholders whereanything positive can be found to say.ProfitabilityReturn on capital employed has declined fr
