Chapter 7
Corporations: The Financial Statements
380
g) Prepare the shareholders’ equity section of Kruma’s statement of financial position under
IFRS as at December 31, 2017.
h) In the table below, calculate the given ratios for Kruma’s common shares as at December
31, 2017. Assume that the market price of Kruma’s common shares on that day is equal to
$4.50.
Book Value per
Common Share
Common Dividend
Payout Ratio
Price-Earnings Ratio
