The balance sheet of Gold Fields Limited, a South African gold mining company, for the war ended

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The balance sheet of Gold Fields Limited, a South African gold mining company, for the war ended June 30. 2007, showed current assets of R6,085.1, noncurrent assets of R49,329.8, noncurrent liabilities of R13,948.4, and current liabilities of R4.360.1. Gold Fields reports all amounts in millions of South African Rand (R). Compute the amount of shareholders’ equity on Gold Fields’ balance sheet at the end of 2007.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Accounting an introduction to concepts, methods and uses

ISBN: 978-0324789003

13th Edition

Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis

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