Refer to the latest consolidated financial statements of JB Hi-Fi Ltd on its website, www.jbhifi.com.au, and answer

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Refer to the latest consolidated financial statements of JB Hi-Fi Ltd on its website, www.jbhifi.com.au, and answer the following questions:

A. Provide details of the consolidated entity’s income, major expense and profit after tax for the current year. In percentage terms, how much have these items changed from the previous period?

B. Do the consolidated financial statements follow the suggested formats, as illustrated in figures 23.1 and 23.4 of this chapter? If not, how and why do they differ?

C. What items of other comprehensive income are reported by JB Hi-Fi Ltd? What percentage of total comprehensive income do these represent?

D. In the last two years how much has JB Hi-Fi Ltd paid out to shareholders in the form of the dividends?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Accounting

ISBN: 978-1118608227

9th edition

Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett

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