Calculate the distributable profits of both Companies A and B, assuming that each is a:

(a) private company; and

(b) public company

Transcribed Image Text:

A B 000 000 000 000 Share capital Unrealised profits Unrealised losses 1,000 1,000 200 200 200 (300) (100) Realised profits 300 800 Realised losses 300 (200) 600 Share capital and reserves 1,500 1,500