Chapter 21 Capital Structure
Income statement information for the last year $000 Profit before interest and tax 7,000 Interest (500) Profit before tax 6,500 Tax (1,950) Profit for the period 4,550 Statement of financial position for the last year $000 $000 Non-current assets 20,000 Current assets 20,000 Total assets 40,000 Equity and liabilities Ordinary shares, par value $1 5,000 Retained earnings 22,500 Total equity ... ................
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