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UESTION 1 The following Trial Balances were provided by CORE in Linited for the years ended December 3 1 , 2 0 2 1 ,

UESTION1
The following Trial Balances were provided by CORE in Linited for the years ended December 31,2021, and December 31,2020.
CORE 7 Limited
Thal Ralance
Years Ended December 31,2021 and 2020.
i) Closing Stock:
2020: 57,000,000
2021: $6,500,000
ii) The company has 50,000,000 ordinary shares issucd and outstanding:
iii) The company ordinary shares craded at $25 as at December 31,2020, and $32 as at December 31,2021.
50,400,00
=81,250,000,000
3,50, noo ons
91,690,000,000
Required:
Prepare CORE i7 Income Seatement for the years ended December 31,2020, and December 31,3021.
(5 marks)
Prepare CORE in Statement of Financial Position as at December 31,2020, whe Dccomber 31.2021.
(G masks)
For both ycars, computc CORE in's Eamings Per Share (EPS) and Price Eaning (PI) Rato.
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(4 marks)
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