Analyse the financial statements: Interpret the financial statements of a real-world business. Question 1 Identify and e

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Analyse the financial statements: Interpret the
financial statements of a real-world business.
Question 1
Identify and explain two possible benefits and
two possible limitations of ratio analysis. (Max.
120 words)
Question 2
Describe how pressure exerted on senior management by
shareholders and other parties may impact the accuracy of financial
statements. (Max. 50 words)
Question 3
Suggest one action management can take to
mitigate the risk of fraud occurring when financial statements are
being compiled. (Max. 50 words)
Question 4
View the most recent annual report for M&S. This can be
found by visiting their website.
Do you think M&S is performing well as a business? Provide
three examples or arguments from the annual report
to justify your answer. You may use any information found in the
report to support your answer. (Max. 100 words)