Gladstone plc had total equity of £162000 at 1 January 20X2. The company issued 51000 further 50p equity shares at a price of 120 pence on 1 April 20X2 and paid total dividends of £12800 on 1 July 20X2. The company made a loss after tax of £37000 for the year ended 31 December 20X2. What was Gladstone plc's total equity at 31 December 20X2?

Gladstone plc had total equity of £162000 at 1 January 20X2. The company issued 51000 further 50p equity shares at a price of 120 pence on 1 April 20X2 and paid total dividends of £12800 on 1 July 20X2. The company made a loss after tax of £37000 for the year ended 31 December 20X2. What was Gladstone plc's total equity at 31 December 20X2?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 55E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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