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Chapter 2 Review Exercise
Chapter 2 Review Exercise
2. NWC = CA – CL
FA + CA = CL + LTD + E
CA – CL = LTD + E – FA
= 200 (50% of 400) + 600 – 500 = 300
5. NI = 750 M
Addition to retained earnings = 600 M
Dividend paid = 750 – 600 = 150 M
Dividend per share = 150 / 100 = $1.5
9.