The shareholders' equity section of the statement of financial position of Riley Ltd at 30 June 2019 is as follows Share capital General reserve Foreign currency translation reserve Retained earnings 2019 $200000 50000 74000 170000 $494000 2018 $160 000 40000 60000 160000 $420 000 Additional information Riley Ltd issued 16000 shares at $2.50 each on 31 May 2019 for cash A transfer of $10000 was made from retained earnings to the general reserve. Comprehensive income for the year was $144 000, including a foreign currency translation gain of $14 000 recognised in other comprehensive income. Dividends paid during 2019 comprised: final dividend for 2018, $50 000; interim dividend, $60 000 Required: Prepare the statement of changes in equity of Riley Ltd for the year ended 30 June 2019 in accordance with AASB 101 IAS 1.

What is the Financial Analysis of each year?

compute the amount of stock issuance for December 2019 assets 85000. liabilities 24000. net income 14000. cash dividends 0.  December 2018 assets 60,000. liabilities 40,000

White Corporation provided you with the following summary of total assets and liabilities at January 1, 2021 and at December 31, 2021.Assets, January 1, 2021 - P9,000,000Assets, December 31, 2021 - P12,000,000Liabilities, January 1, 2021 - P3,200,000Liabilities, December 31, 2021 - P4,500,000During 2021, the company issued 10,000 shares of its P100 par ordinary share at P150 per share and declared dividends of P280,000.  There were no other changes affecting the equity accounts. How much is White Corporation’s profit for the year 2021?

J2.

On Dec 15, 2019 the board of directors of Flexsttel declared a cash dividend. The dividend is payable on Jan 8, 2019, of $0.80 per share on the 2,000,000 common shares outstanding. On dec 15, 2019 Flexsteel should: A. Decrease retained earnings $1.6 million and increase expenses $1.6 million B. Debit dividends $1.6 million and credit dividends payable by $1.6 million C. Not prepare a journal entry because the event had no effect on the corporation's financial position until 2020. D. Decrease cash $1.6 million and decrease retained earnings $1.6 million

At 31 December 2019, B Plc had post-tax profits was $2,500,000 and had an issued share capital of $2,000,000 comprising 2,000,000 ordinary shares of 50p each and 1,000,000 $1 10% preference shares that are classified as equity. Assume that the post-tax profits for 2018 and 2019 were same at $ 2,500,000. The time-weighted number of shares was as follows: No. of Shares Shares (nominal value 50p) in issue at 01 January 2019 2,000,000 Shares issued for cash at market price on 30 September 2019 1,000,000 On 30 September 2019, B plc made a right issue of one share for every two shares (i.e one new share for every two shares held) at $3.25 per share. The following information is also given for B Plc as at 31 December 2019: Share option in existence 1,000,000 shares issuable in 2020 at $3.25 per share. An average market price per share of $4%; 1. Convertible 8% preference shares of $1 each totaling $2,000,000 convertible at one ordinary share for every five convertible preference shares. 2.…

The shareholders’ equity section of Superior Corporation’s balance sheet as of December 31, 2018, is as follows:                                                                    1. Prepare journal entries for each of the above transactions.                            2. Calculate the number of authorized, issued, and outstanding common shares as of December 31, 2019.                                                                        3. Calculate Superior’s legal capital at December 31, 2019.

The following information relates to Rose plc for the year ended 31 December 2019:   £,000 Turnover Operating costs Trading profit Net interest payable   Exceptional charges   Tax expenses Profit after tax 700  476 224      2 222    77 145    66    79 Rose plc had 100,000 ordinary shares of £1 each in issue throughout the year. Rose plc has in issue warrants entitling the holders to subscribe for a total of 50,000 shares in the company. The warrants may be exercised after 31 December 2025 at a price of £1.10 per share. The average fair value of shares was £1.28. The company had paid an ordinary dividend of £15,000 and a preference dividend of £9,000 on preference shares classified as equity.   Required: Calculate the basic EPS for Rose plc for the year ended 31 December 2019, in accordance with best accounting practice. Calculate the diluted EPS figure, to be disclosed in the statutory accounts of Rose plc in respect of the year ended 31 December 2019. Briefly…