6 The accountant communicates information to others in reports and statements. Understanding the nature and

(b) Describe five major barriers to good communication. (10 marks)

(ii) the recent financial performance of Merton plc from a shareholder perspective. Clearly identify any

(b) Determine whether the factoring company’s offer can be recommended on financial grounds. Assume a

(c) Calculate the theoretical ex rights price per share and the net funds to be raised by the rights issue, and

(d) Calculate the ex dividend share price predicted by the dividend growth model and discuss the company’s