Cameron's Screensavers Ltd
Statement of Financial Position as at 31

question 14

Essay

Cameron's Screensavers Ltd
Statement of financial position as at 31 December 2015 (Extracts)
$\begin{array} { l r r }&2014 & 2015 \\&\$ & \$\\\text { Shareholders'Equity }\\ \text { Share capital (\$1 shares) } & 250,000 & 360,000 \\ \text { Revaluation reserve } & 20,000 & 60,000 \\ \text { General reserve } & 150,000 & 100,000 \\ \text { Retained profits } & 66,000 & 76,000 \\ & \$ 486,000 & \$ 596,000 \end{array}$
Additional information:
• There was a bonus issue of 1 bonus share for every 5 existing shares held.
• Land and buildings was revalued by $40,000.
• A profit of $17,000 was earned during the year.
• Dividends of $6,000 were paid during the year that had been provided for in the prior year and $7,000 was provided as a final dividend at the end of the current year.
REQUIRED:
Show the financing section of the statement of cash flows for Cameron Screensavers for the year ended 31 December 2009.

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Definitions:

Radical Behaviorists

Psychologists who explain behavior in terms of external stimuli and observable responses, minimizing the role of the mind or consciousness.

Observable Behaviors

Observable behaviors refer to actions or reactions of an individual or system that can be directly seen and measured.

Creative Part

The component of a process or system that involves innovation, imagination, and the generation of new ideas.

Active

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