EXAM CODE $03$

$2020$: GH$1$c$4,200\mathrm{.}02$:

$2021$: GHC$4,600\mathrm{.}15$;

$2022$: GHC$5,000\mathrm{.}64$;

$2023$: GHC$5,344\mathrm{.}56$; and

$2024$: GH&$6,122\mathrm{.}52.$

Assumed that the discount rate applicable to Koo in the company is $13\%$ Required:

Using the Lev and Schwartz Economic Model, what is the value of Koo?

$[10$ marks$]$

c$)$ Statement of shareholders' equity is usually not considered the most important part of the financial statements and is often ignored in analysis. However, it is the first statement that the analysts should examine before going on to the other statements.

Required:

Explain the elements when analysing the statements of shareholders' equity.