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Paper 2Structured Written Paper2 marks
A limited company has issued 10,000 ordinary shares at £1 each and 5,000 preference shares at £1 each. The company has retained earnings of £20,000 and general reserves of £10,000.
Description
Capital Structure of a Limited Company
The company has issued shares and retained earnings as part of its capital structure.
- a[2]
Calculate the total equity of the company.
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