The following information relates to A Ltd and B Ltd. Two companies which operate in the same industry and listed on the stock markets. All figures are in Ghana Cedis Summarized Profit and Loss Account A. Ltd. B Ltd Operating profit 80,000 Interest paid 10,000 80,000 40,000 40,000 Profit after interest 70,000 Dividend paid 25,000 20,000 Retained Profit 15.000 50.000 Summarized Balance Sheet A Ltd. Ltd Total Assets less Current liabilities 600.000 600.000
The following information relates to A Ltd and B Ltd. Two companies which operate in the same industry and listed on the stock markets. All figures are in Ghana Cedis Summarized Profit and Loss Account A. Ltd. B Ltd Operating profit 80,000 Interest paid 10,000 80,000 40,000 40,000 Profit after interest 70,000 Dividend paid 25,000 20,000 Retained Profit 15.000 50.000 Summarized Balance Sheet A Ltd. Ltd Total Assets less Current liabilities 600.000 600.000
Chapter20: Corporations And Partnerships
Section: Chapter Questions
Problem 42P
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