You are an advisor for a client looking to invest £1million in the shares of Mitchells and Butlers (M&B). Analyse and evaluate the working capital management of the company.

Description

You are an advisor for a client looking to invest £1million in the shares of Mitchells and Butlers (M&B).

To fulfil this role, you are required to:

1. Analyse and evaluate the working capital management of the company.

2. Critically analyse their current performance in comparison to previous years and competitors.

3. Summarise the stated strategic aims presented in the annual report and critically discuss the potential impact on the future financial performance and position of Mitchells and Butlers (M&B).