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PART TWO: A subsidiary of ABZ Inc. DEX Limited a mining company with operations in Asia, Latin America and Canada. The company's statement of changes
PART TWO: A subsidiary of ABZ Inc. DEX Limited a mining company with operations in Asia, Latin America and Canada. The company's statement of changes in equity reported the following: In millions (CDN.) Share Capital Share Premium Reserves Treasury Shares (141,639,159 and 128,227,971 shares) Retained Earnings Total attributable to equity holders of parent Noncontrolling interests Total Equity December 31, 2019 $4,975 3,227 (9,259) (1,656) December 31, 2018 $4,657 460 (5,052) (1,586) 20,604 17,891 9,665 $27,556 22,656 21,135 9,186 $30,321 Required: a) Consider the treasury share at December 31, 2019. At what average price did the company repurchase these shares? b) Determine the number of treasury shares, net, the company acquired during 2019. At what average price did the company repurchases shares in 2019? c) Did the company issue any new shares during the year? If so, what issue proceeds did it receive? d) Des the company own 100% of the stock of all it's subsidiaries? How do you know? e) Retained earnings decreased during 2019. Can we conclude the company reported a net loss for the year
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