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An Australian retail company reporfed the following Statement of Changes in Equity for FY21: The company had no preference shares or other hybrid securities on

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An Australian retail company reporfed the following Statement of Changes in Equity for FY21: The company had no preference shares or other hybrid securities on issue during the period FY19-FY21. It reported no dividends payable liabilities at the end of FY20, or FY21. The company has a cost of equity of 12%. Required Answer all of the following parts of the questioj (A.F) in the box immediately below this question. Separate your answer to each part of the question b Indicating the letter of the part of the question, e.g. 'A.' A. What was net transactions with shareholders for FY21? Answer to one decimal place (2 marks) B. What was the company's residual income for FY21? Answer to one dcimal place (2 marks) C. The company reported CSE at the beginning of FY20 of 118,317. During FY20, it generated comprehensive income of 34,933 and had net payment to shareholden of 7,561. Assuming there is no problem with the company's accounting, explain how this information might reconcile with the above Statement of Changes in Equity. marks) D. The company had a market capitalisation of 500,000 just after its FY21 results were released. At the same time, analysts expect the company's comprehensive income to be 65,000 in FY22. Describe everything we can determine about the market's expectations for the company's future residual income. (4 marks) E. The company had a FLEV of 0.5 or 50% at the end of FY21. What was its average NFO for FY21? Answer to one decimal place. (2 marks) F. Suppose, the company is currently in steady state. Its net transactions with shareholders are expected to grow by 4% per year forever. What is the dividend discoun model valuation of the firm's total equity? Answer to one decimal place

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