find dividents paid and proposed and show workings.

IFACC Group Assignment AY 2... 5. On June 1, 2023 the company rented some of its effice space to Breezy Ltd. At that date Breezy Lid paid rent covering the next nine months. 6. Depreciation should be provided as follows: Land Buildings Furniture \& Fintings reducing balance Nil 2 percent per year on cost 20 percent per year on 7. Goodwill impaiment was estimated to be 20%. 8. Corporation tax is estimated to be $42,000 9. The directors proposed on September 20, 2023 to pay the final preference dividends. At a board of directors meeting on October 19,2023 the directors evaluated the performance of the business over the past financial year and proposed to pay a further 6% ordinary dividend. Required: (w) Prepare the following for MeKie Ld for the financial year ending September 30, 2023: i. Statement of Profit or Loss (15 marks) a. Statement of changes in equity (5 marks) w. Statement of Financial Position. (10 marks) (b) Calculate the following ratios for McKie LAd: i. Current ratio i. Gearing ratio iii. Debt to Equity ratio iv. Returm on capital employed v. Return on shareholders' equity os marks) (c) Write a report to management on the Liquidity, Solvency, and Profitability of McKie L.td relative to the industry's performance below: (10 marks) (d) Hiternally generated Goodwill can be nocognized it the financial statements under certain condifions. "Please discuss the preceding statement making reference to any mecrant McKie Lid has presented you with the following balances for The following additional information is available: 1. At September 30,2023 closing inventory was $32,000 2. The Accountant has determined that the estimate for the provision for bad debts at September 30, 2023 is 10% of debtors. 3. At the end of the period it was discovered that one employee was owed $2,000 in salaries while another was overpaid by $4,000. Additionally insurance prepaid was $300 4. The following appropriation of the expenses must be made