Calculate the earnings per share and return on equity for Kristi's Kites. How are the two profitability ratios different? Problems Recording and reporting equity LO2, 3, 5, 6 Campsi Company had the following balances in its shareholders' equity at 1 January: During the year, Campsi had the following transactions 1 Mar. Issued 200000 ordinary shares for cash at $8 per share. 1 Jul. Declared a 1 for 10 share dividend, payable 1 August. The shares were trading at $7 per share on 1 July. 15 Aug. Declared a $0.50 per share cash dividend of record on 1 September, payable 15 September. 1 Oct. Bought back 6000 ordinary shares for $45000. 31 Dec. Calculated total comprehensive income for the year to be $520000. Required a Prepare the journal entries to record the transactions. b Prepare Campsi's 31 December shareholders' equity section. c Calculate earnings per share for the year