Question
The following amounts (in thousands) were taken from the December 31 statements of financial position of Maple Leaf Foods Inc.: 2012 2011 Total assets $3,243,696
The following amounts (in thousands) were taken from the December 31 statements of financial position of Maple Leaf Foods Inc.:
2012 2011
Total assets $3,243,696 $2,940,459
Total liabilities 2,285,697 2,010,346
Assume that Maple Leaf Foods had the following changes to its shareholders equity in 2012: dividends of $22,229 thousand, and other shareholders equity items of $(65,181) thousand. How much profit did it report in 2012?
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Hong Kong Auditing Economic Theory And Practice
Authors: Simon Fung, Ferdinard A. Gul
3rd Edition
9629372347, 978-9629372347
