Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A company had at the end of 2009 the following balance sheet sums Fixed assets 6,400,000 Current assets 12,500,000 Share capital 1,000,000 Retained earnings
A company had at the end of 2009 the following balance sheet sums Fixed assets 6,400,000 Current assets 12,500,000 Share capital 1,000,000 Retained earnings 2.600.000 Short term liabilities 7,200,000 The company had a profit in 2010 of 12,200,000. Disregard the effect of corporate taxes. There were no accruals for dividend to shareholders during 2010 What was the booked aquity per 31st Decender 2 Present your answer without thousand separator or decimals (if you think that the correct answer is kr. 14.200.000 you winter 142000001 Besvarelsen din: Send Stans testen midlertidig
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started