Task 9 (Financial Management)

Task 9 (Financial Management)

The authorized capital of the Company consists of 10 th. Shares with par value of 100 rubles. Table 6 shows the state of assets and liabilities of the company at the end of the year in the nomenclature of articles sufficient for building balance.

Table 6
Data on the enterprise
Thousands. Rub.
Item Amount
Reserve capital 50
Cash 140
Accounts receivable (net) 655
Long-term borrowings 400
Inventories 1580
Retained profit of previous years 744
Short-term payables 591
Fixed assets (net) 650
Profit for the year?

Required:
a) calculate the profit for the period;
b) make a distribution of profits, given the minimum legal requirements with regard to the formation of reserve funds;
c) build a balance sheet;
d) to calculate the maximum amount that can be spent on the payment of dividends from the profit of the reporting year;
d) calculate the amount of the dividend per share in this case.