Question : Question
The following amounts (in thousands) were : 5686
The following amounts (in thousands) were taken from the December 31 statements of financial position of Maple Calculate accounting equation and profit. Leaf Foods Inc.: Instructions How much is Maple Leaf Foods" shareholders' equity at December 31,2012 and 2011? Write Maple Leaf Foods' accounting equation for each year. Calculate the change in total shareholders' equity for the year ended December 31,2012. Assume that Maple leaf Foods had the following changes to its shareholders equity in 2012: dividends of $22,229 thousand, and other shareholders' equity Hems of $(65.181) thousand. How much profit did it report in 2012?