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9 6. b. The statement of changes in equity of Suton Ltd shows the following in respect of retained earnings- TK. (in Thousands) 6 Profit

image text in transcribed 9 6. b. The statement of changes in equity of Suton Ltd shows the following in respect of retained earnings- TK. (in Thousands) 6 Profit for the period 10 Interim dividend paid 3 21 24 a. Balance brought forward Balance carried forward 80% of the share capital of Suton Ltd was acquired by Teigh Ltd when Suton Ltd's reained earnings amounted to TK. 5,000. Requirement 1. How much of Suton Ltd's retained eamings will be included in closing consolidated retained earnings? 2. How much of Suton Ltd's profit for the period is included in the consolidated profit for the financial year attributable to the equity holders of Teigh Ltd? 3. If the minority shareholders' interest in Suton Ltd amounted to TK. 5,200 at the start of the year, how much will it be at the end of the year? What do you understand by the term Insolvency or Bankruptcy? When Cone Paroon he Declawed

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