The 2016 and 2017 Annual reports for Westfarmers are provided on the Moodle Shell. Use these Annual reports to compare the financial results of the Westfarmers group as a whole over the two years (that is 2015 to 2017). You should use any financial information provided in the two annual reports (including ratios, and narratives) to conclude on the improvements or not in financial position and profitability. You discussion should focus on reasons for this.
The 2016 and 2017 Sustainability reports for Westfarmers are provided on the Moodle Shell. Use the information in these Reports to compare the sustainability initiatives of Westfarmers (include in your answer any new initiatives, or those which were stopped). What is your opinion of these initiatives?
The final accounts of Dural Trade Ltd are provided below: Dural Trade Ltd
Dural Trade Ltd Income statement for the year ended 31st December 2018
(i) Cash purchases of land and equipment were made during the year.
(ii) An equipment was sold at its net book value for $25,400 for cash.
(iii) The investments were sold for cash at $117,600.
(iv) A rights issue at a premium price was made on the basis of 1 share for every 20 held. A bonus share, which was made out of retained earnings, was also given for every rights issue share. Cash has been received for the rights issue.
(v) The directors declared a cash dividend during the year.
Prepare a Cash Flow Statement for Dural Trade Ltd for the year ended 31 December 2018 from the above information given (note that you should use the Direct Approach).