FIMA5020-Financial Management

1. You have been asked to contribute to the debate as to whether or not it matters for a company to pay dividend. Use relevant theories to provide a balanced perspective as to the relevance or irrelevance of dividend payment. 20marks

2. Melrose Industries PLC and Balfour Beatty are businesses in the construction and materials industry that are currently under consideration for investment by a client seeking your advice. Using the relevant annual reports of these businesses, calculate working capital, profitability, gearing and investor ratio’s (minimum of three for each class) over the past three years and provide comparative analysis of these businesses aided by graph and/or charts. 50marks

3. Use your understanding of working capital management in respect of debtors to explain the dilemma faced by businesses with respect to achieving the right balance between liquidity and profitability. 20marks Good organisation and layout. 5marks Use Harvard referencing style for both in-text citation and reference list/bibliography. 5marks. Total marks for assignment: 100 ADDITIONAL INFORMATION Your assignment must be presented as a report. Ability to provide clear introduction, offer well-structured analysis and draw conclusion that emerge from your analysis will be essential to meeting the requirements of this coursework.